JINES MICHAEL L 4
4 · GenOn Energy, Inc. · Filed Dec 12, 2012
Insider Transaction Report
Form 4
JINES MICHAEL L
EVP, Gen. Counsel & Corp. Sec.
Transactions
- Award
Common Stock
2012-12-10+193,377→ 569,625 total - Tax Payment
Common Stock
2012-12-10$2.68/sh−17,050$45,694→ 552,575 total
Footnotes (2)
- [F1]Comprised of (i) 64,458 shares of common stock resulting from the vesting on December 10, 2012, upon the satisfaction of performance-based conditions, of one-third of the performance-based restricted stock units granted on February 27, 2012, and (ii) 128,919 restricted stock units that, upon the satisfaction of the performance-based conditions on December 10, 2012, will vest ratably over the next two years on an annual basis and that may only be settled in common stock.
- [F2]The reporting person disposed of these shares to satisfy tax withholding obligations related to the vesting of performance-based restricted stock units.