Bernerd Da Santos - 24 Feb 2022 Form 4 Insider Report for AES CORP (AES)

Role: EVP and COO
Signature: /s/ Paul Freedman, attorney-in-fact
Issuer symbol: AES
Transactions as of: 24 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2022, 15:46:20 UTC
Previous filing: 24 Feb 2022
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AES	Common Stock	Award		+15,237	+7.8%		211,643	24 Feb 2022	Direct	F1
holding	AES	Common Stock						28,386	24 Feb 2022	by 401(k)	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments, subject to the terms and conditions of the award. One-third of the RSUs will vest based on the reporting person's continued employment with AES or a subsidiary on each of February 24, 2023 and February 24, 2024. The final third of the RSUs will vest on February 24, 2025 subject to the reporting person's continued employment with AES or a subsidiary on such date and based, in part, on AES' achievement of certain environmental and social goals. Each RSU entitles the holder to one share of AES Common Stock.
F2	Since the last Form 4 filing on February 24, 2022, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 24, 2022.

Content

This Restricted Stock Unit ("RSU") award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will generally vest in three annual installments, subject to the terms and conditions of the award. One-third of the RSUs will vest based on the reporting person's continued employment with AES or a subsidiary on each of February 24, 2023 and February 24, 2024. The final third of the RSUs will vest on February 24, 2025 subject to the reporting person's continued employment with AES or a subsidiary on such date and based, in part, on AES' achievement of certain environmental and social goals. Each RSU entitles the holder to one share of AES Common Stock.

Since the last Form 4 filing on February 24, 2022, the reporting person acquired no additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 24, 2022.