Angoorly Caroline 4
4 · NRG ENERGY, INC. · Filed May 3, 2006
Insider Transaction Report
Form 4
Angoorly Caroline
VP, Environmental & New Bus.
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2006-05-01−373→ 8,495 total
Footnotes (1)
- [F1]On March 14, 2005, Ms. Angoorly was issued 2,362 Deferred Stock Units ("DSU's") by NRG Energy, Inc. under NRG Energy, Inc.'s Long Term Incentive Plan (the "LTIP"). Each DSU is equivalent in value to one share of NRG's Common Stock, par value $0.01. On May 1, 2006, 45% of her grant, or 1,063 DSU's, converted to common shares. Pursuant to the LTIP, Ms. Angoorly elected to satisfy her tax withholding obligation upon the exchange of common stock for DSU's by surrendering a number of shares of common stock having a value on the date of the exchange equal to the tax withholding obligation. This form is being filed to reflect the surrender of 373 shares of common stock to satisfy the grantee's tax withholding obligation.