Garlick James P 4
4 · GenOn Energy, Inc. · Filed Dec 18, 2012
Insider Transaction Report
Form 4
Garlick James P
SVP, Plant Operations
Transactions
- Disposition to Issuer
Common Stock
2012-12-14−335,583→ 0 total - Disposition to Issuer
Stock Options
2012-12-14−143,303→ 0 totalExercise: $2.44Exp: 2022-02-26→ Common Stock (143,303 underlying) - Tax Payment
Common Stock
2012-12-14$2.87/sh−11,508$33,028→ 335,583 total - Disposition to Issuer
Stock Options
2012-12-14−45,908→ 0 totalExercise: $3.95Exp: 2021-07-31→ Common Stock (45,908 underlying)
Footnotes (4)
- [F1]The reporting person disposed of these shares to satisfy tax withholding obligations related to the vesting of restricted stock units.
- [F2]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.
- [F3]Upon completion of the Merger involving GenOn Energy, Inc. and NRG Energy, Inc., this fully-vested option was converted into an option to purchase 5,582 shares of NRG Energy, Inc. common stock at $32.49 per share.
- [F4]Upon completion of the Merger involving GenOn Energy, Inc. and NRG Energy, Inc., this option, which vests in three equal annual installments beginning February 27, 2013, was converted into an option to purchase 17,425 shares of NRG Energy, Inc. common stock at $20.07 per share.