Juan Ignacio Rubiolo - Feb 24, 2023 Form 4 Insider Report for AES CORP (AES)

Role
EVP, President Int. Businesses
Signature
/s/ Jennifer Gillcrist, attorney-in-fact
Stock symbol
AES
Transactions as of
Feb 24, 2023
Transactions value $
$1,347,404
Form type
4
Date filed
2/27/2023, 04:01 PM
Previous filing
Mar 7, 2022
Next filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AES Common Stock Award $401K +15.8K +24.2% $25.32 81.3K Feb 24, 2023 Direct F1
transaction AES Common Stock Award $268K +10.6K +13.03% $25.32 91.9K Feb 24, 2023 Direct F2
transaction AES Common Stock Award $678K +26.8K +29.15% $25.32 119K Feb 24, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Performance Stock Unit ("PSU") award was granted on February 21, 2020 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 24, 2023. Each earned PSU entitles the holder to one share of AES Common Stock.
F2 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, 2024 and February 24, 2025. The final third of the RSUs will vest on February 24, 2026 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.
F3 This 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, 2024 and February 24, 2025. The final third of the RSUs will vest on February 24, 2026 subject to the reporting person's continued employment with AES or a subsidiary on such date. Each RSU entitles the holder to one share of AES Common Stock.