MILLER STEVEN L 4
4 · GenOn Energy, Inc. · Filed Dec 18, 2012
Insider Transaction Report
Form 4
MILLER STEVEN L
DirectorOther
Transactions
- Exercise/Conversion
Cash Units
2012-12-14−22,765→ 0 total→ Common Stock (22,765 underlying) - Disposition to Issuer
Stock Options
2012-12-14−5,000→ 0 totalExercise: $12.46Exp: 2015-06-17→ Common Stock (5,000 underlying) - Disposition to Issuer
Cash Units
2012-12-14−22,765→ 0 total - Disposition to Issuer
Stock Options
2012-12-14−5,000→ 0 totalExercise: $9.84Exp: 2014-06-02→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2012-12-14−189,931→ 0 total - Exercise/Conversion
Cash Units
2012-12-14+22,765→ 22,765 total
Footnotes (4)
- [F1]The reporting person disposed of these shares in connection with the merger (the "Merger") involving GenOn Energy, Inc. and NRG Energy, Inc.("NRG") in exchange for shares of NRG common stock, based on the exchange ratio of 0.1216 and having a market value of $23.00 per share on the effective date of the Merger, plus cash consideration for fractional shares.
- [F2]Each cash unit is the economic equivalent of one share of common stock of GenOn. The cash units were paid in cash in connection with the Merger based on the fair market value per share of GenOn common stock on the effective date of the Merger.
- [F3]Upon completion of the Merger, this fully-vested option was converted into an option to purchase 608 shares of NRG common stock at $80.92 per share.
- [F4]Upon completion of the Merger, this fully-vested option was converted into an option to purchase 608 shares of NRG common stock at $102.51 per share.