AI assistant
AES CORP — Director's Dealing 2021
Feb 24, 2021
30641_dirs_2021-02-23_5ff70cb5-6335-42cf-9a80-ca940995a7c3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2021-02-19
Reporting Person: Gluski Andres (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-19 | Common Stock | A | 65754 | — | Acquired | 1188944 | Direct |
| 2021-02-19 | Common Stock | A | 182858 | — | Acquired | 1371802 | Direct |
| 2021-02-19 | Common Stock | F | 88307 | $28.31 | Disposed | 1283495 | Direct |
| 2021-02-19 | Common Stock | F | 11828 | $28.31 | Disposed | 1271667 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 29090 | Indirect |
Footnotes
F1: This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments, subject to the terms and conditions of the award. One-third of the RSUs will vest based on the reporting person's continued employment with AES or a subsidiary on each of February 19, 2022 and February 19, 2023. The final third of the RSUs will vest on February 19, 2024 subject to the reporting person's continued employment with AES or a subsidiary on such date and based, in part, on AES' achievement of certain environmental and social goals. Each RSU entitles the holder to one share of AES Common Stock.
F2: This Performance Stock Unit ("PSU") award was granted on February 23, 2018 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 19, 2021. Each earned PSU entitles the holder to one share of AES Common Stock.
F3: Reflects tax withholding in connection with the settlement of PSUs granted in February 2018.
F4: Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 21, 2020.
F5: Since the last Form 4 filing on November 16, 2020, the reporting person acquired 349 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 22, 2021.