4//SEC Filing
Woodruff Mark 4
Accession 0001127602-10-006010
CIK 0000874761other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 7:48 PM ET
Size
13.4 KB
Accession
0001127602-10-006010
Insider Transaction Report
Form 4
AES CORPAES
Woodruff Mark
EVP and Reg Pres Asia & ME
Transactions
- Award
Stock Option (Right to Buy)
2010-02-19+5,974→ 5,974 totalExercise: $12.18Exp: 2020-02-19→ Common Stock (5,974 underlying) - Award
Common Stock
2010-02-19$12.18/sh+1,728$21,047→ 44,444 total(indirect: By 401(k)) - Disposition to Issuer
Restricted Stock Units
2010-02-19−7,574→ 45,580 total→ Common Stock (7,574 underlying) - Award
Units
2010-02-19$12.18/sh+3,827$46,613→ 13,851 total→ Common Stock (3,827 underlying)
Holdings
- 12,224
Common Stock
Footnotes (4)
- [F1]This 8% (of base salary) discretionary retirement savings award was granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 19, 2010 subject to applicable IRS contribution limits. The closing stock price on February 19, 2010 was used to determine the number of shares awarded. Between January 5, 2010 and February 18, 2010, the reporting person acquired 119 shares of AES Common stock under the Plan.
- [F2]This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments if certain continuing employment conditions are satisfied. If such conditions are satisfied, the first installment becomes exercisable on February 19, 2011, and the next two installments become exercisable on February 19, 2012 and February 19, 2013, respectively.
- [F3]These units are awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under this plan shall be paid out following termination of employment or later as per the terms of the plan document. Each unit represents a hypothetical AES investment equal to one share of AES Common stock and units under the Restoration Plan are 100% vested upon award.
- [F4]The Company did not meet the threshold performance conditions for this 2007 RSU award resulting in the forfeiture of the award. In column 9, the Company has voluntarily included amounts for grants awarded in 2008 and 2009 where performance criteria have not been met. The Company intends to discontinue voluntary disclosure of awards where performance criteria have not been met.
Documents
Issuer
AES CORP
CIK 0000874761
Entity typeother
Related Parties
1- filerCIK 0001394436
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 7:48 PM ET
- Size
- 13.4 KB