Andres Gluski - Dec 28, 2022 Form 4 Insider Report for AES CORP (AES)

Role
President and CEO, Director
Signature
/s/ Jennifer V. Gillcrist, attorney-in-fact
Stock symbol
AES
Transactions as of
Dec 28, 2022
Transactions value $
-$12,382,258
Form type
4
Date filed
12/30/2022, 03:20 PM
Previous filing
Jul 19, 2022
Next filing
Jan 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AES Common Stock Options Exercise $8.9M +749K +58.24% $11.89 2.03M Dec 28, 2022 Direct
transaction AES Common Stock Sale -$21.3M -749K -36.8% $28.43 1.29M Dec 28, 2022 Direct F1, F2
holding AES Common Stock 30.4K Dec 28, 2022 By 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AES Stock Option (Right to Buy) Options Exercise $0 -749K -100% $0.00* 0 Dec 28, 2022 Common Stock 749K $11.89 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.17 to $28.92, inclusive. The reporting undertakes to provide, upon request by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
F3 Since the last Form 4 filing on March 7, 2022, the reporting person acquired 595 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. The information in this report is based on a plan statement dated December 28, 2022.
F4 This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and vested in three equal annual installments on February 20, 2016, February 20, 2017 and February 20, 2018.