4//SEC Filing
MOOSE SANDRA O 4
Accession 0001179110-07-019995
CIK 0000874761other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 5:33 PM ET
Size
9.7 KB
Accession
0001179110-07-019995
Insider Transaction Report
Form 4
AES CORPAES
MOOSE SANDRA O
Director
Transactions
- Award
Stock Option (Right to Buy)
2007-10-12$21.44/sh+5,027$107,779→ 5,027 totalExercise: $21.44Exp: 2017-10-12→ Common Stock (5,027 underlying) - Award
Units
2007-10-12$21.44/sh+3,675$78,792→ 26,431 total(indirect: Amended and Restated Deferred Compensation Plan for Directors)→ Common Stock (3,675 underlying)
Footnotes (3)
- [F1]Pursuant to the Amended and Restated Deferred Compensation Plan for Directors of The AES Corporation (the "Company"), Non Employee Directors may elect to defer receipt of annual cash compensation otherwise payable to such Director in the form of stock units on the day that the Non Employee Director is elected to the Board of Directors for the plan year for which a stock unit election is made or on a date determined by the Board of Directors. As previously disclosed in the Company's Form 10-K/A for the year ended December 31, 2006 earlier this year, the Board instituted a moratorium on granting long term compensation awards. On October 12, 2007, the Board lifted the moratorium and issued annual compensation awards to Non Employee Directors. A Non Employee Director is not eligible to make a withdrawal from his/her deferred account until such Director ceases to be a Board member.
- [F2]Footnote #1 Continued. This distribution will be made as soon as practicable after the date the Director terminates service on the Board, and will be made in accordance with the Director's Distribution Election Notification.
- [F3]This stock option award was granted pursuant to The AES Corporation 2001 Stock Option Plan for Outside Directors. As previously disclosed in the Company's Form 10-K/A for the year ended December 31, 2006 earlier this year, the Board instituted a moratorium on granting long term compensation awards. On October 12, 2007, the Board lifted the moratorium on granting long term compensation awards and issued annual compensation awards to Non Employee Directors. This award will vest in three equal annual installments such that one third will vest on 10/12/2008, one third will vest on 10/12/2009, and the remaining third will vest on 10/12/2010.
Documents
Issuer
AES CORP
CIK 0000874761
Entity typeother
Related Parties
1- filerCIK 0001192786
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 5:33 PM ET
- Size
- 9.7 KB