Andres Gluski - Feb 22, 2024 Form 4 Insider Report for AES CORP (AES)

Signature
/s/ Jennifer V. Gillcrist, attorney-in-fact
Stock symbol
AES
Transactions as of
Feb 22, 2024
Transactions value $
-$1,852,864
Form type
4
Date filed
2/26/2024, 04:15 PM
Previous filing
Feb 14, 2024
Next filing
Jul 16, 2024

Transactions Table

* 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 on February 22, 2025, February 22, 2026, and February 22, 2027, subject to the reporting person's continued employment with AES on each such date and the terms and conditions of the award. Each RSU entitles the holder to one share of AES Common Stock.
F2 Reflects shares of common stock underlying an RSU award granted on February 19, 2021, which shares were forfeited as a result of below-target performance with respect to AES' achievement of certain environmental and social goals related to such award, as approved by the AES Board of Directors.
F3 Reflects tax withholding in connection with the vesting and settlement of one-third of the RSUs granted February 19, 2021.
F4 This Performance Stock Unit ("PSU") award was granted on February 19, 2021 pursuant to The AES Corporation 2003 Long Term Compensation Plan. After the prescribed three year performance period, the AES Board of Directors approved the performance value for the grant on February 22, 2024. Each earned PSU entitles the holder to one share of AES Common Stock.
F5 Reflects tax withholding in connection with the vesting and settlement of PSUs granted on February 19, 2021.
F6 Reflects tax withholding in connection with the vesting and settlement of one-third of the RSU granted February 24, 2022.
F7 Reflects tax withholding in connection with the vesting and settlement of one-third of the RSU granted February 24, 2023.
F8 Since the last Form 4 filing on February 14, 2024, the reporting person acquired 323 additional shares of AES Common Stock pursuant to The AES Corporation Retirement Savings Plan. This information is based on a plan statement dated February 16, 2024.