Form 4 for NRG NRG Energy
Accepted 2024-09-05 00:00:00 ET · period of report 2024-09-03 · accession 0001225208-24-008499 · 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 | 2024-09-05 | 2024-09-03 | NRG | Gaudette Robert J | EVP, NRG Business | F - Tax | $0.00 | -3,084 | 107.7K | -3% | $0 |
| DM | 2024-09-05 | 2024-09-03 | NRG | Gaudette Robert J | EVP, NRG Business | M - OptEx | $0.00 | +7,115 | 108.0K | +7% | $0 |
| DM | 2024-09-05 | 2024-09-03 | NRG | Gaudette Robert J | EVP, NRG Business | M - OptEx | $71.98 | -7,115 | 0 | -100% | -$512.2K |
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 | 2024-09-03 | F | D | 2,800 | $0.00 | 104,875 | D | — | — | (F5) 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 2,800 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. |
| 2 | Common | Common Stock, par value $.01 per share | 2024-09-03 | M | A | 6,422 | $0.00 | 107,266 | D | — | — | (F1) The Reporting Person was issued 6,422 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 September 3, 2024. |
| 3 | Common | Common Stock, par value $.01 per share | 2024-09-03 | M | A | 693 | $0.00 | 107,959 | D | — | — | (F2) In connection with the vesting of the RPSUs described above, an incremental 693 Dividend Equivalent Rights (DERs) vested. Each DER is the economic equivalent of one share of Common Stock. |
| 4 | Common | Common Stock, par value $.01 per share | 2024-09-03 | F | D | 284 | $0.00 | 107,675 | D | — | — | (F3) On September 3, 2021, the Reporting Person was issued 1,947 Restricted Stock Units ("RSUs") by NRG Energy, Inc. under NRG Energy, Inc.'s Amended and Restated Long Term Incentive Plan. Each RSU is equivalent in value to one share of NRG's common stock, par value $.01. On September 3, 2024, 651 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 284 shares of common stock to satisfy the grantee's tax withholding obligation. (F4) In connection with the vesting of the RSUs described above, 70 DERs vested, resulting in the Reporting Person holding 1,342 dividend equivalent rights in the aggregate. Dividend equivalent rights accrue on the Reporting Person's restricted stock units or relative performance stock units, which become exercisable proportionately with the restricted stock unite or relative performance stock units. |
| 5 | Derivative | Dividend Equivalent Rights | 2024-09-03 | M | D | 693 | $0.00 | 0 | D | $0.00 · 2024-09-03 to 2024-09-03 | 693 Common Stock, par value $.01 per share | (F6) Conversion price not applicable. |
| 6 | Derivative | Relative Performance Stock Units | 2024-09-03 | M | D | 6,422 | $79.75 | 0 | D | $0.00 · 2024-09-03 to 2024-09-03 | 6,422 Common Stock, par value $.01 per share |