Form 4 for AES AES Corporation
Accepted 2023-02-27 00:00:00 ET · period of report 2023-02-24 · accession 0001127602-23-007286 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-27 | 2023-02-24 | AES | Gluski Andres | Pres, CEO, Dir | F - Tax | $25.32 | -115.7K | 1.36M | -8% | -$2.93M |
| M | 2023-02-27 | 2023-02-24 | AES | Gluski Andres | Pres, CEO, Dir | A - Grant | $25.32 | +280.1K | 1.46M | +24% | +$7.09M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-24 | F | D | 16,644 | $25.32 | 1,344,108 | D | — | — | (F3) Reflects tax withholding in connection with the vesting and settlement of one-third of the Restricted Stock Units granted February 24, 2022. |
| 2 | Common | Common Stock | 2023-02-24 | A | A | 82,341 | $25.32 | 1,426,449 | D | — | — | (F4) This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments, subject to the terms and conditions of the award. One-third of the RSUs will vest based on the reporting person's continued employment with AES or a subsidiary on each of February 24, 2024 and February 24, 2025. The final third of the RSUs will vest on February 24, 2026 subject to the reporting person's continued employment with AES or a subsidiary on such date and based, in part, on AES' achievement of certain environmental and social goals. Each RSU entitles the holder to one share of AES Common Stock. |
| 3 | Common | Common Stock | 2023-02-24 | A | A | 197,782 | $25.32 | 1,459,841 | D | — | — | (F1) This Performance Stock Unit ("PSU") award was granted on February 21, 2020 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year vesting period, the AES Board of Directors approved the performance value for the grant on February 24, 2023. Each earned PSU entitles the holder to one share of AES Common Stock. |
| 4 | Common | Common Stock | 2023-02-24 | F | D | 99,089 | $25.32 | 1,360,752 | D | — | — | (F2) Reflects tax withholding in connection with the vesting and settlement of PSUs granted on February 21, 2020. |