SEC Form 4 · accession 0001127602-18-008863
AES CORP · AES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernerd Da Santos
Officer — EVP and COO
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 7:08 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 23, 2018 | A | 4,527 | — | A | 97,504 | D | |
| Common StockF2 | Feb 23, 2018 | F | 1,363 | $10.49 | D | 96,141 | D | |
| Common StockF3 | Feb 23, 2018 | A | 16,408 | $10.49 | A | 112,549 | D | |
| Common StockF4 | Feb 24, 2018 | F | 1,927 | $10.49 | D | 110,622 | D | |
| Common StockF5 | holding | — | — | — | 25,035 | 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 20, 2015 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 settlement of PSUs granted in February 2015.
- 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 23, 2019, if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock.
- F4Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2017.
- F5Since the last Form 4 filing on February 21, 2018, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan.