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AES CORP Director's Dealing 2010

Apr 26, 2010

30641_dirs_2010-04-26_6f43b5fb-9e5b-440b-8784-b8f4bceff586.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2010-04-22

Reporting Person: ODEEN PHILIP A (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-22 Units $ A 24380 Acquired Common Stock (24380) Direct
2010-04-22 Stock Option (Right to Buy) $12.34 A 20299 Acquired 2020-04-22 Common Stock (20299) Direct

Footnotes

F1: Each stock unit is the economic equivalent of one share of AES Common Stock. These units will be settled for shares of AES Common Stock as soon as practicable after the date the reporting person terminates service on the Board and will be made in accordance with the Director's Distribution Election Notification under the 2003 Long Term Compensation Plan, As Amended April 22, 2010.

F2: This stock option award was granted pursuant to the 2003 Long Term Compensation Plan, As Amended April 22, 2010. This award will vest in three equal annual installments such that one third will vest on 04/22/2011, one third will vest on 04/22/2012 and the remaining third will vest on 04/22/2013.