AES CORP — Director's Dealing 2017

Mar 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2017-02-24

Reporting Person: miller brian a (EVP, General Counsel and Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-24	Common Stock	A	14272	—	Acquired	200612	Direct
2017-02-24	Common Stock	F	4736	$11.93	Disposed	195876	Direct
2017-02-24	Common Stock	A	22255	$11.93	Acquired	218131	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41333	Indirect

Footnotes

F1: This Performance Stock Unit ("PSU") was granted on February 21, 2014 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year vesting period, the AES Board of Directors approved the performance value for the grant. Each earned PSU entitles the holder to one share of AES Common Stock.

F2: Reflects tax withholding in connection with the vesting and settlement of earned PSUs granted in February 2014.

F3: This Restricted Stock Unit ("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 24, 2018, 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 23, 2017, the reporting person acquired no additional shares of AES Common Stock under The AES Corporation Retirement Savings Plan.