SEC Form 4 · accession 0001127602-18-003724
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 1, 2018
Accepted (ET)
Feb 2, 2018 · 4:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874761
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitsF1 | — | Feb 1, 2018 | I | 3,265 | D | — | — | Common Stock | 3,265 | 9,790 | D |
Explanation of responses
- F1There was no sale in the market. The reporting person established a special purpose account under The AES Corporation Restoration Supplemental Retirement Plan ("RSRP") in 2007. The distribution date of the accounts, including the hypothetical AES shares, was made at the time each account was opened. Prior to payment, the reporting person had the right to transfer the value of his account into an alternative investment account. Each unit represents a hypothetical AES investment equal to one share of AES Common Stock. Under the terms of the RSRP, distributions are automatically paid in cash and not in stock beginning on or about February 1st of the year designated by the participant as his distribution date.