SEC Form 4 · accession 0001127602-18-015109
AES CORP · AES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tarun Khanna
Director
Period of report
Apr 19, 2018
Accepted (ET)
Apr 23, 2018 · 4:49 pm EDT
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 | — | Apr 19, 2018 | A | 18,369 | A | — | — | Common Stock | 18,369 | 200,032 | D |
| Stock Option (Right to Buy)F2 | $11.75 | Apr 19, 2018 | A | 20,000 | A | — | Apr 19, 2028 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Each stock unit is the economic equivalent of one share of AES Common Stock. These units will be settled for shares of AES Common Stock after the date the reporting person terminates service on the Board in accordance with the Director's election form under The AES Corporation 2003 Long Term Compensation Plan, as amended on April 23, 2015 (the "Plan").
- F2This stock option award was granted pursuant to the Plan. This award will vest in three equal annual installments such that one third will vest on April 19, 2019, one third will vest on April 19, 2020 and the remaining third will vest on April 19, 2021.