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AES CORP — Director's Dealing 2016
Feb 24, 2016
30641_dirs_2016-02-23_13265bc7-717d-4a13-92c1-5c0c0bfcad2d.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: 2016-02-19
Reporting Person: Chilton Michael (Sr. VP Global Engr & Const)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-19 | Common Stock | F | 1380 | $9.41 | Disposed | 52582 | Direct |
| 2016-02-19 | Common Stock | F | 957 | $9.41 | Disposed | 51625 | Direct |
| 2016-02-19 | Common Stock | A | 15834 | — | Acquired | 67459 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-19 | Units | $ | A | 1679 | Acquired | Common Stock (1679) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 14104 | Indirect |
| Common Stock | 104 | Indirect |
Footnotes
F1: Reflects tax withholding in connection with the vesting and settlement of one third of the Restricted Stock Units ("RSUs") granted in February 2014.
F2: Reflects tax withholding in connection with the vesting and settlement of one third of RSUs granted in February 2015.
F3: This RSU award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 19, 2017, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock.
F4: Since the last Form 4 filing on February 17, 2016, the reporting person acquired 163 shares of AES Common Stock under The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 19, 2016.
F5: These units were awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under the Restoration Plan are paid out in cash following termination of employment or later per the Restoration Plan document. Each unit represents a hypothetical AES investment equal to one share of AES Common Stock, and units under the Restoration Plan are 100% vested upon award.