4//SEC Filing
AES CORP 4
Accession 0001127602-15-008121
$AESCIK 0000874761operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 8:27 PM ET
Size
19.3 KB
Accession
0001127602-15-008121
Insider Transaction Report
Form 4
AES CORPAES
HACKENSON ELIZABETH
Sr. VP and CIO
Transactions
- Award
Stock Option (Right to Buy)
2015-02-20+73,500→ 73,500 totalExercise: $11.89Exp: 2025-02-20→ Common Stock (73,500 underlying) - Award
Common Stock
2015-02-20+9,851→ 60,366 total - Tax Payment
Common Stock
2015-02-21$11.89/sh−863$10,261→ 66,143 total - Tax Payment
Common Stock
2015-02-23$11.86/sh−1,449$17,185→ 64,694 total - Award
Common Stock
2015-02-20+9,891→ 67,006 total - Tax Payment
Common Stock
2015-02-24$11.64/sh−1,035$12,047→ 63,659 total - Award
Units
2015-02-20$11.89/sh+406$4,827→ 4,558 total→ Common Stock (406 underlying) - Tax Payment
Common Stock
2015-02-20$11.89/sh−3,251$38,654→ 57,115 total
Holdings
- 8,892(indirect: By 401(k))
Common Stock
Footnotes (9)
- [F1]This Performance Stock Unit ("PSU") was granted on February 17, 2012 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year vesting period, the AES Board of Directors approved the performance value for the grant. Each earned PSU entitles the holder to one share of AES Common Stock.
- [F2]Reflects tax withholding in connection with the vesting and settlement of earned PSUs granted in February 2012.
- [F3]This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 20, 2016, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock.
- [F4]Reflects tax withholding in connection with the vesting and settlement of one third of the RSUs granted in February 2014.
- [F5]Reflects tax withholding in connection with the vesting and settlement of one third of the RSUs granted in February 2013.
- [F6]Reflects tax withholding in connection with the vesting and settlement of one third of the RSUs granted in February 2012.
- [F7]This includes a 3% (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 20, 2015 subject to IRS contribution limits. The closing stock price on February 20, 2015 was used to determine the number of shares awarded. In the aggregate between February 25, 2014 and February 20, 2015, this reporting person acquired 811 shares of AES Common Stock under the Plan, which are included in this amount. This information is based on a plan statement dated February 20, 2015.
- [F8]This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan. This award will vest in three equal annual installments such that one third will vest on February 20, 2016, one third will vest on February 20, 2017 and the remaining third will vest on February 20, 2018.
- [F9]These units were awarded pursuant to the Restoration Supplemental Retirement Plan (the "Restoration Plan"). Generally, units under the Restoration Plan shall be paid out in cash following termination of employment or later as per the terms of the Restoration 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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874761
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 8:27 PM ET
- Size
- 19.3 KB