Ingoldsby James J 4
4 · NRG ENERGY, INC. · Filed Aug 17, 2011
Insider Transaction Report
Form 4
Ingoldsby James J
SVP & Chief Accounting Officer
Transactions
- Award
Common Stock, par value .01 per share
2011-08-15+25,000→ 56,744 total
Footnotes (2)
- [F1]Represents Restricted Stock Units issued to Mr. Ingoldsby by NRG Energy, Inc. under the NRG Energy, Inc. Long-Term Incentive Plan.
- [F2]Each Restricted Stock Unit is equivalent in value to one share of NRG Energy, Inc.'s Common Stock, par value $0.01 per share. Mr. Ingoldsby will receive from NRG Energy, Inc. one such share of Common Stock for each Restricted Stock Unit on August 15, 2016. Notwithstanding the foregoing, (a) in the event that the Company's Total Shareholder Return (as defined below) has increased by at least 25% between the Date of Grant and August 15, 2014, then the RSUs will vest in full on August 15, 2014, and (b) in the event that the Minimum TSR Condition was not satisfied as of August 15, 2014, but is satisfied as of August 15, 2015, then the RSUs will vest in full on such date. "Total Shareholder Return" shall include the average closing price of a share of Common on the determination date and 19 preceding trading days (20-day average) and (ii) any dividends paid between the Date of Grant and the vesting date.