4//SEC Filing
Santoroski Richard 4
Accession 0001127602-11-006829
CIK 0000874761other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 7:15 PM ET
Size
11.6 KB
Accession
0001127602-11-006829
Insider Transaction Report
Form 4
AES CORPAES
Santoroski Richard
Vice President
Transactions
- Award
Stock Option (Right to Buy)
2011-02-18+52,174→ 52,174 totalExercise: $12.88Exp: 2021-02-18→ Common Stock (52,174 underlying) - Award
Common Stock
2011-02-18+15,528→ 28,070 total - Award
Units
2011-02-18$12.88/sh+1,525$19,642→ 7,565 total→ Common Stock (1,525 underlying)
Holdings
- 24,461(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]This restricted stock unit award ("RSU") was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 18, 2012, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock for each RSU granted.
- [F2]Includes all time-based restricted stock units.
- [F3]This includes an 8% (of base salary) discretionary retirement savings award granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 18, 2011 subject to applicable IRS contribution limits. The closing stock price on February 18, 2011 was used to determine the number of shares awarded. Between January 4, 2011 and February 18, 2011, the reporting person also acquired 117 shares of AES Common stock under the Plan, which are included in this amount.
- [F4]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 18, 2012, and the next two installments become exercisable on February 18, 2013 and February 18, 2014, respectively.
- [F5]These units were 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.
Documents
Issuer
AES CORP
CIK 0000874761
Entity typeother
Related Parties
1- filerCIK 0001428362
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 7:15 PM ET
- Size
- 11.6 KB