4//SEC Filing
Walkup Gardner 4
Accession 0001127602-12-007480
CIK 0000874761other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 6:26 PM ET
Size
12.4 KB
Accession
0001127602-12-007480
Insider Transaction Report
Form 4
AES CORPAES
Walkup Gardner
Vice President, Strategy
Transactions
- Tax Payment
Common Stock
2012-02-17$13.70/sh−2,154$29,510→ 26,074 total - Award
Common Stock
2012-02-17+9,255→ 28,228 total - Award
Stock Option (Right to Buy)
2012-02-17+36,647→ 36,647 totalExercise: $13.70Exp: 2022-02-17→ Common Stock (36,647 underlying) - Award
Units
2012-02-17$13.70/sh+1,121$15,358→ 1,121 total→ Common Stock (1,121 underlying)
Holdings
- 2,952(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 17, 2013, 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]Reflects tax withholding in connection with settlement of one-third previously reported 2011 RSU award.
- [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 17, 2012 subject to applicable IRS contribution limits. The closing stock price on February 17, 2012 was used to determine the number of shares awarded.
- [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 17, 2013, and the next two installments become exercisable on February 17, 2014 and February 17, 2015, respectively.
- [F5]These are units awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under this plan shall be paid out in cash 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 0001532481
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 6:26 PM ET
- Size
- 12.4 KB