GenOn Energy, Inc. 4
4 · GenOn Energy, Inc. · Filed Dec 7, 2010
Insider Transaction Report
Form 4
DOBSON RICK J
EVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2010-12-03$3.52/sh−101,032$355,127→ 97,978 total - Exercise/Conversion
Time-Based Cash Units
2010-12-03−87,500→ 0 total→ Common Stock (87,500 underlying) - Exercise/Conversion
Performance-Based Cash Units
2010-12-03−35,498→ 0 total→ Common Stock (35,498 underlying)
Footnotes (3)
- [F1]The reporting person disposed of these shares to satisfy tax withholding obligations related to the vesting of restricted stock units in connection with the merger (the "Merger") involving Mirant Corporation and GenOn Energy, Inc., formerly known as RRI Energy, Inc.
- [F2]Each time-based cash unit is the economic equivalent of one share of common stock of GenOn Energy, Inc. The time-based cash units were paid in cash in connection with the Merger based on the fair market value per share of GenOn Energy, Inc. common stock on the date immediately preceding the closing date of the Merger.
- [F3]Each performance-based cash unit is the economic equivalent of one share of common stock of GenOn Energy, Inc. The performance-based cash units were paid in cash in connection with the Merger based on the fair market value per share of GenOn Energy, Inc. common stock on the date immediately preceding the closing date of the Merger.