SEC Form 4 · accession 0001140361-18-018149

DYNEGY INC. · DYN

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

Reporting owner

Sheree M. Petrone

Officer — EVP, Retail

Period of report

Apr 9, 2018

Accepted (ET)

Apr 11, 2018 · 10:46 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	38,778	—	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	$19.42	Apr 9, 2018	D	19,143	D	—	—	Common Stock	19,143	D
Common Stock Option (Right to Buy)^F3	$23.03	Apr 9, 2018	D	8,249	D	—	—	Common Stock	8,249	D
Common Stock Option (Right to Buy)^F4	$27.24	Apr 9, 2018	D	14,295	D	—	—	Common Stock	14,295	D
Common Stock Option (Right to Buy)^F5	$11.05	Apr 9, 2018	D	30,936	D	—	—	Common Stock	30,936	D
Common Stock Option (Right to Buy)^F6	$8.02	Apr 9, 2018	D	33,693	D	—	—	Common Stock	33,693	D
Restricted Stock Units^F7	—	Apr 9, 2018	D	46,648	D	—	—	Common Stock	46,648	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 12,481 shares of Vistra common stock for $29.79. 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 5,378 shares of Vistra common stock for $35.32. 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 9,320 shares of Vistra common stock for $41.78. 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 20,170 shares of Vistra common stock for $16.95. 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 21,967 shares of Vistra common stock for $12.30. The option will expire pursuant to the terms of the grant agreement.
F7Restricted 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.