AES CORP — Director's Dealing 2019

Feb 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2019-02-22

Reporting Person: Nebreda Julian (SVP, Andes SBU President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-22	Common Stock	A	18369	—	Acquired	34854	Direct
2019-02-22	Common Stock	F	1453	$17.53	Disposed	33401	Direct
2019-02-22	Common Stock	A	8493	—	Acquired	41894	Direct
2019-02-23	Common Stock	F	405	$17.53	Disposed	41489	Direct
2019-02-24	Common Stock	F	175	$17.53	Disposed	41314	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24844	Indirect

Footnotes

F1: This Performance Stock Unit ("PSU") was granted on February 19, 2016 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 on February 22, 2019. Each earned PSU entitles the holder to one share of AES Common Stock.

F2: Reflects tax withholding in connection with the settlement of PSUs granted in February 2016.

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 22, 2020, if certain continuing employment and performance 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 23, 2018.

F5: Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2017.

F6: Since the last Form 4 filing on February 21, 2019, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan.