4//SEC Filing
DAVIDO SCOTT J 4
Accession 0001209191-06-001332
CIK 0001013871other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:53 PM ET
Size
14.5 KB
Accession
0001209191-06-001332
Insider Transaction Report
Form 4
DAVIDO SCOTT J
Exec Vice Pres & NE Reg Pres
Transactions
- Award
Non-Qualified Stock Option
2006-01-03+15,200→ 58,200 totalExercise: $47.95From: 2007-01-03Exp: 2012-01-03→ Common Stock, par value $0.01 per share (15,200 underlying) - Award
Common stock, par value $0.01 per share
2006-01-03+1,900→ 13,466 total - Award
Performance Units
2006-01-03+7,600→ 65,800 totalFrom: 2009-01-03Exp: 2009-01-03→ Common Stock, par value $0.01 per share (7,600 underlying)
Footnotes (5)
- [F1]Represents Restricted Stock Units issued to Mr Davido by NRG Energy, Inc. under NRG Energy, Inc.'s 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. Mr. Davido will receive from NRG Energy, Inc. one such share of Common Stock for each Restricted Stock Unit on January 3, 2006.
- [F3]Pursuant to the Grant Agreement by and between NRG Energy, Inc. and Mr. Davido, the Stock Options will vest and become exercisable as follows: 33 1/3% on January 3, 2007; 33 1/3% on January 3, 2008; and 33 1/3% on January 3, 2009.
- [F4]Stock Options expire six years from the date of grant.
- [F5]Mr.Davido was issued 3,800 Performance Units by NRG Energy, Inc. under NRG Energy, Inc.'s Long Term Incentive Plan on January 3, 2006. Each Performance Unit will be paid out on January 3, 2009 if the average closing price of NRG Energy, Inc.'s Common Stock for the ten trading days prior to January 3, 2009 (the "Measurement Price") is equal to or greater than $67.37 (the "Target Price"). The payout for each Performance Unit will be equal to: (i) one share of Common Stock, if the Measurement Price equals the Target Price; (ii) a prorated amount in between one and two shares of Common Stock, if the Measurement Price is greater than the Target Price but less than $79.49 (the "Maximum Price"); and (iii) two shares of Common Stock, if the Measurement Price is equal to or greater than the Maximum Price.
Issuer
NRG ENERGY, INC.
CIK 0001013871
Entity typeother
IncorporatedOH
Related Parties
1- filerCIK 0001053478
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:53 PM ET
- Size
- 14.5 KB