4//SEC Filing
Liebelson Michael S 4
Accession 0001209191-09-001725
CIK 0001013871other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:57 PM ET
Size
14.4 KB
Accession
0001209191-09-001725
Insider Transaction Report
Form 4
Liebelson Michael S
EVP-Chf Dev Ofc Lo-Carbon Tech
Transactions
- Award
Common Stock, par value .01 per share
2009-01-02+4,100→ 37,900 total - Award
Performance Units
2009-01-02+16,000→ 16,000 totalFrom: 2012-01-02Exp: 2012-01-02→ Common Stock, $.01 per share (16,000 underlying) - Award
Non-Qualified Stock Options
2009-01-02+33,300→ 33,300 totalExercise: $23.64From: 2010-01-02Exp: 2015-01-02→ Common Stock, par value $.01 per share (33,300 underlying)
Footnotes (5)
- [F1]Represents Restricted Stock Units issued to Mr. Liebelson 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. Liebelson will receive from NRG Energy, Inc. one such share of Common Stock for each Restricted Stock Unit on January 2, 2012.
- [F3]Pursuant to the Grant Agreement by and between NRG Energy, Inc. and Mr.Liebelson, the Stock Options will vest and become exercisable as follows: 33 1/3% on January 2, 2010, 33 1/3% on January 2, 2011 and 33 1/3% on January 2, 2012.
- [F4]Stock Options expire six years from the date of grant.
- [F5]Mr. Liebelson was issued 8,000 Performance Units by NRG Energy, Inc. under NRG Energy, Inc.'s Long Term Incentive Plan on January 2, 2009. Each Performance Unit will be paid out on January 2, 2012 if the closing price of NRG's Common Stock January 2, 2012 (the "Measurement Price") is equal to or greater than $30.61 (the "Threshold Price"). The payout for each PU will be equal to a pro-rated amount in between one-half and one share of common stock if the Measurement Price equals or exceeds the Threshold Price but less than $33.21 (the "Target Price"). The payout for each PU will be equal to a pro-rated amount in between one and two shares of common stock if the Measurement Price is equal to the Target Price but less than $38.84 (the "Maximum Price"). The payout for each PU will be equal to 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
Related Parties
1- filerCIK 0001432607
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:57 PM ET
- Size
- 14.4 KB