SEC Form 4 · accession 0001127602-17-009026
AES CORP · AES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernerd Da Santos
Officer — Sr. VP and COO
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 8:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874761
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 24, 2017 | A | 4,890 | — | A | 78,842 | D | |
| Common StockF2 | Feb 24, 2017 | F | 1,619 | $11.93 | D | 77,223 | D | |
| Common StockF3 | Feb 24, 2017 | A | 19,237 | $11.93 | A | 96,460 | D | |
| Common StockF4 | holding | — | — | — | 23,944 | I | by 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Performance Stock Unit ("PSU") was granted on February 21, 2014 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. Each earned PSU entitles the holder to one share of AES Common Stock.
- F2Reflects tax withholding in connection with the vesting and settlement of earned PSUs granted in February 2014.
- F3This 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 24, 2018, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock.
- F4Since the last Form 4 filing on February 23, 2017, the reporting person acquired no additional shares of AES Common Stock under The AES Corporation Retirement Savings Plan.