4//SEC Filing
Vesey Andrew 4
Accession 0001127602-13-007141
CIK 0000874761other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:43 PM ET
Size
12.6 KB
Accession
0001127602-13-007141
Insider Transaction Report
Form 4
AES CORPAES
Vesey Andrew
EVP & Regional Pres L.A.
Transactions
- Award
Common Stock
2013-02-15+29,096→ 141,320 total - Tax Payment
Common Stock
2013-02-15$11.17/sh−5,285$59,033→ 136,035 total - Award
Stock Option (Right to Buy)
2013-02-15+158,795→ 158,795 totalExercise: $11.17Exp: 2023-02-15→ Common Stock (158,795 underlying) - Award
Units
2013-02-15$11.17/sh+6,131$68,483→ 23,272 total→ Common Stock (6,131 underlying)
Holdings
- 20,852(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]This restricted stock unit award ("RSU") was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 15, 2014, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock for each RSU granted.
- [F2]Reflects tax withholding in connection with settlement of one third (each) previously reported 2011 and 2012 RSU awards.
- [F3]This includes a 6% (of base salary) discretionary retirement savings award granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 15, 2013 subject to applicable IRS contribution limits. The closing stock price on February 15, 2013 was used to determine the number of shares awarded. Between December 11, 2012 and February 15, 2013, this reporting person acquired an additional 234 shares of AES Common stock under the Plan, which are included in this amount.
- [F4]This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments if certain continuing employment conditions are satisfied. If such conditions are satisfied, the first installment becomes exercisable on February 15, 2014, and the next two installments become exercisable on February 15, 2015 and February 15, 2016, respectively.
- [F5]These units were awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under this Restoration Plan shall be paid out in cash following termination of employment or later as per the terms of the Restoration Plan document. Each unit represents a hypothetical AES investment equal to one share of AES Common stock and and units under the Restoration Plan are 100% vested upon award.
Documents
Issuer
AES CORP
CIK 0000874761
Entity typeother
Related Parties
1- filerCIK 0001427792
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:43 PM ET
- Size
- 12.6 KB