SEC Form 4 · accession 0001127602-19-008522
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 22, 2019
Accepted (ET)
Feb 26, 2019 · 8:07 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 22, 2019 | A | 37,837 | — | A | 139,675 | D | |
| Common StockF2 | Feb 22, 2019 | F | 11,878 | $17.53 | D | 127,797 | D | |
| Common StockF3 | Feb 22, 2019 | A | 23,694 | — | A | 151,491 | D | |
| Common StockF4 | Feb 23, 2019 | F | 1,647 | $17.53 | D | 149,844 | D | |
| Common StockF5 | Feb 24, 2019 | F | 1,931 | $17.53 | D | 147,913 | D | |
| Common StockF6 | holding | — | — | — | 25,961 | 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 19, 2016 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 on February 22, 2019. 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 2016.
- 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 22, 2020, if certain continuing employment and performance 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 23, 2018.
- F5Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 24, 2017.
- F6Since the last Form 4 filing on February 21, 2019, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan.