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AES CORP — Director's Dealing 2023
Feb 27, 2023
30641_dirs_2023-02-27_dd188387-3603-473c-a0a3-db3363239383.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: 2023-02-24
Reporting Person: Kohan Sherry (SVP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-24 | Common Stock | A | 5799 | $25.32 | Acquired | 47023 | Direct |
| 2023-02-24 | Common Stock | F | 2330 | $25.32 | Disposed | 44693 | Direct |
| 2023-02-24 | Common Stock | F | 366 | $25.32 | Disposed | 44327 | Direct |
| 2023-02-24 | Common Stock | A | 3752 | $25.32 | Acquired | 48079 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 31538 | Indirect |
Footnotes
F1: This Performance Stock Unit ("PSU") award was granted on February 21, 2020 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 24, 2023. 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 PSUs granted on February 21, 2020.
F3: Reflects tax withholding in connection with the vesting and settlement of one-third of the Restricted Stock Units granted February 24, 2022.
F4: 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 24, 2024 and February 24, 2025. The final third of the RSUs will vest on February 24, 2026 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.
F5: Since the last Form 4 filing on February 22, 2023, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 27, 2023.