Form 4 for NRG NRG Energy
Accepted 2024-01-05 00:00:00 ET · period of report 2024-01-02 · accession 0001225208-24-000456 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-05 | 2024-01-02 | NRG | Gaudette Robert J | EVP, NRG Business | F - Tax | $37.40 | -9,069 | 100.3K | -8% | -$339.2K |
| D | 2024-01-05 | 2024-01-02 | NRG | Gaudette Robert J | EVP, NRG Business | A - Grant | $0.00 | +13.5K | 107.5K | +14% | $0 |
| DM | 2024-01-05 | 2024-01-02 | NRG | Gaudette Robert J | EVP, NRG Business | M - OptEx | $0.00 | +18.0K | 94.0K | +24% | $0 |
| DM | 2024-01-05 | 2024-01-02 | NRG | Gaudette Robert J | EVP, NRG Business | M - OptEx | $51.25 | -18.0K | 0 | -100% | -$924.9K |
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, par value $.01 per share | 2024-01-02 | F | D | 1,777 | $0.00 | 106,239 | D | — | — | (F6) On January 2, 2023, the Reporting Person was issued 21,053 RSUs by NRG under the LTIP. On January 2, 2024, 7,010 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 1,777 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 288 DERs vested, resulting in the Reporting Person holding 826 DERs in the aggregate. |
| 2 | Common | Common Stock, par value $.01 per share | 2024-01-02 | A | A | 13,463 | $0.00 | 107,470 | D | — | — | (F2) Represents Restricted Stock Units issued to the Reporting Person under the LTIP. Each RSU is equivalent in value to one share of Common Stock, par value $.01 per share. 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. |
| 3 | Common | Common Stock, par value $.01 per share | 2024-01-02 | F | D | 638 | $51.25 | 108,690 | D | — | — | (F4) On January 2, 2021, the Reporting Person was issued 5,774 RSUs by NRG under the LTIP. On January 2, 2024, 1,929 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 638 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 221 DERs vested, resulting in the Reporting Person holding 1,303 DERs in the aggregate. |
| 4 | Common | Common Stock, par value $.01 per share | 2024-01-02 | M | A | 1,858 | $0.00 | 109,328 | D | — | — | (F3) In connection with the vesting of the RPSUs described above, an incremental 1,858 DERs vested. Dividend equivalent rights accrue on the 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. |
| 5 | Common | Common Stock, par value $.01 per share | 2024-01-02 | M | A | 16,189 | $0.00 | 94,007 | D | — | — | (F1) The Reporting Person was issued 16,189 Relative Performance Stock Units by NRG Energy, Inc. under the Amended and Restated Long-Term Incentive Plan that vested subject to certain performance conditions on January 2, 2024. |
| 6 | Common | Common Stock, par value $.01 per share | 2024-01-02 | F | D | 674 | $0.00 | 108,016 | D | — | — | (F5) On January 2, 2022, the Reporting Person was issued 7,186 RSUs by NRG under the LTIP. On January 2, 2024, 2,393 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 674 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 189 DERs vested, resulting in the Reporting Person holding 1,114 DERs in the aggregate. |
| 7 | Common | Common Stock, par value $.01 per share | 2024-01-02 | F | D | 5,980 | $51.25 | 100,259 | D | — | — | (F7) The Reporting Person elected to satisfy their tax withholding obligation upon the exchange of Common Stock for Relative Performance Stock Units having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 5,980 shares of Common Stock to satisfy their tax withholding obligation. |
| 8 | Derivative | Dividend Equivalent Rights | 2024-01-02 | M | D | 1,858 | $51.25 | 0 | D | $0.00 · 2024-01-02 to 2024-01-02 | 1,858 Common Stock, par value $.01 per share | |
| 9 | Derivative | Relative Performance Stock Units | 2024-01-02 | M | D | 16,189 | $51.25 | 0 | D | — · 2024-01-02 to 2024-01-02 | 16,189 Common Stock, par value $.01 per share | (F8) Conversion Price not applicable. |