SEC Form 4 · accession 0001140361-18-018143

DYNEGY INC. · DYN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Robert C Flexon

Officer — President and CEO · Director

Period of report

Apr 9, 2018

Accepted (ET)

Apr 11, 2018 · 10:38 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001379895

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Apr 9, 2018	D	664,057	—	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Common Stock Option (Right to Buy)^F2	$18.70	Apr 9, 2018	D	273,059	D	—	—	Common Stock	273,059	D
Common Stock Option (Right to Buy)^F3	$23.10	Apr 9, 2018	D	101,352	D	—	—	Common Stock	101,352	D
Common Stock Option (Right to Buy)^F4	$23.03	Apr 9, 2018	D	139,594	D	—	—	Common Stock	139,594	D
Common Stock Option (Right to Buy)^F5	$27.24	Apr 9, 2018	D	148,984	D	—	—	Common Stock	148,984	D
Common Stock Option (Right to Buy)^F6	$11.05	Apr 9, 2018	D	311,785	D	—	—	Common Stock	311,785	D
Common Stock Option (Right to Buy)^F7	$8.02	Apr 9, 2018	D	352,561	D	—	—	Common Stock	352,561	D
Restricted Stock Units^F8	—	Apr 9, 2018	D	497,281	D	—	—	Common Stock	497,281	D

Explanation of responses

F1Disposed of pursuant to the closing of the merger on April 9, 2018 (the "Effective Date") between Issuer and Vistra Energy Corp. (the "Merger") in exchange for 0.652 shares of Vistra Corp. stock having a market value of $20.83, closing price, per share on the Effective Date of the Merger.
F2This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 178,034 shares of Vistra common stock for $28.68. The option will expire pursuant to the terms of the grant agreement.
F3This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 66,081 shares of Vistra common stock for $35.43. The option will expire pursuant to the terms of the grant agreement.
F4This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 91,015 shares of Vistra common stock for $35.32. The option will expire pursuant to the terms of the grant agreement.
F5This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 97,137 shares of Vistra common stock for $41.78. The option will expire pursuant to the terms of the grant agreement.
F6This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 203,283 shares of Vistra common stock for $16.95. The option will expire pursuant to the terms of the grant agreement.
F7This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 229,869 shares of Vistra common stock for $12.30. The option will expire pursuant to the terms of the grant agreement.
F8Restricted Stock Units convert into common stock on a one-for-one basis. Disposed of pursuant to the Merger in exchange for 0.652 shares of Vistra Restricted Stock Units having a market value of $20.83, closing price, per share on the Effective Date of the Merger. The Restricted Stock Units will vest pursuant to the terms of the Grant Agreements.