AES CORP — Director's Dealing 2018

Feb 28, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2018-02-23

Reporting Person: Gluski Andres (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-23	Common Stock	A	51151	—	Acquired	893711	Direct
2018-02-23	Common Stock	F	24706	$10.49	Disposed	869005	Direct
2018-02-23	Common Stock	A	90884	$10.49	Acquired	959889	Direct
2018-02-24	Common Stock	F	17155	$10.49	Disposed	942734	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26313	Indirect

Footnotes

F1: This Performance Stock Unit ("PSU") was granted on February 20, 2015 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 2015.

F3: This restricted stock option 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 23, 2019, 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: Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2017.

F5: Since the last Form 4 filing on February 21, 2018, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan.