4//SEC Filing
Chung Bruce 4
Accession 0001225208-25-000389
CIK 0001013871other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:04 PM ET
Size
23.0 KB
Accession
0001225208-25-000389
Insider Transaction Report
Form 4
Chung Bruce
EVP & CFO
Transactions
- Award
Common Stock, par value $.01 per share
2025-01-02+9,028→ 104,347 total - Tax Payment
Common Stock, par value $.01 per share
2025-01-02$92.75/sh−920$85,330→ 105,493 total - Exercise/Conversion
Relative Performance Stock Units
2025-01-02$92.75/sh−19,810$1,837,378→ 0 totalFrom: 2025-01-02Exp: 2025-01-02→ Common Stock, par value $.01 per share (19,810 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2025-01-02+19,810→ 95,319 total - Tax Payment
Common Stock, par value $.01 per share
2025-01-02$92.75/sh−2,354$218,334→ 103,139 total - Tax Payment
Common Stock, par value $.01 per share
2025-01-02$92.75/sh−11,190$1,037,873→ 89,454 total - Exercise/Conversion
Common Stock, par value $.01 per share
2025-01-02$92.75/sh+2,066$191,622→ 106,413 total - Tax Payment
Common Stock, par value $.01 per share
2025-01-02$92.75/sh−2,495$231,411→ 100,644 total - Exercise/Conversion
Dividend Equivalent Rights
2025-01-02$92.75/sh+2,066$191,622→ 2,066 totalExercise: $0.00From: 2025-01-02Exp: 2025-01-02→ Common Stock, par value $.01 per share (2,066 underlying) - Award
Relative Performance Stock Units
2025-01-02+14,216→ 14,216 totalExercise: $0.00From: 2028-01-02Exp: 2028-01-02→ Common Stock, par value $.01 per share (14,216 underlying)
Footnotes (10)
- [F1]The Reporting Person was issued 19,810 Relative Performance Stock Units (RPSUs) by NRG Energy, Inc. (NRG) under NRG's Amended and Restated Long-Term Incentive Plan (LTIP) that vested subject to certain performance conditions on January 2, 2025.
- [F10]On January 2, 2025, the Reporting Person was issued 14,216 RPSUs by NRG under the LTIP that vest on January 2, 2028, subject to certain performance conditions.
- [F2]Unit price is $92.75.
- [F3]Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the LTIP. Each RSU is equivalent in value to one share of NRG's Common Stock, par value $.01 per share ("Common Stock"). The Reporting Person will receive from NRG one such share of Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary date of the grant.
- [F4]In connection with the vesting of the RPSUs described above, an incremental 2,066 DERs vested. Dividend equivalent rights accrue on the Reporting Person's restricted stock units, market stock units or relative performance stock units to which they relate and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one share of NRG common stock.
- [F5]On January 2, 2022, the Reporting Person was issued 6,502 RSUs by NRG under the LTIP. On January 2, 2025, 2,172 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 920 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 226 DERs vested, resulting in the Reporting Person holding 1,417 DERs in the aggregate.
- [F6]On January 2, 2023, the Reporting Person was issued 19,365 RSUs by NRG under the LTIP. On January 2, 2025, 6,449 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 2,354 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 423 DERs vested, resulting in the Reporting Person holding 994 DERs in the aggregate.
- [F7]On January 2, 2024, the Reporting Person was issued 15,776 RSUs by NRG under the LTIP. On January 2, 2025, 5,253 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 2,495 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 123 DERs vested, resulting in the Reporting Person holding 871 DERs in the aggregate.
- [F8]The Reporting Person elected to satisfy their tax withholding obligation upon the exchange of Common Stock for Relative Performance Stock Units (RPSUs) having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 11,190 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation.
- [F9]Conversion price is not applicable.
Documents
Issuer
NRG ENERGY, INC.
CIK 0001013871
Entity typeother
Related Parties
1- filerCIK 0001940921
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 5:04 PM ET
- Size
- 23.0 KB