Brian Curci - Jan 2, 2023 Form 4 Insider Report for NRG ENERGY, INC. (NRG)

Role
Exec VP & General Counsel
Signature
Christine Zoino, by Power of Attorney
Stock symbol
NRG
Transactions as of
Jan 2, 2023
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 04:53 PM
Previous filing
Nov 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRG Common Stock, par value $.01 per share Award $0 +18.7K +34.99% $0.00 72.1K Jan 2, 2023 Direct F1
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -593 -0.82% $0.00 71.5K Jan 2, 2023 Direct F2
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -625 -0.87% $0.00 70.9K Jan 2, 2023 Direct F3
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -964 -1.36% $0.00 69.9K Jan 2, 2023 Direct F4

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 NRG Relative Performance Stock Units Other $0 -8.45K -100% $0.00* 0 Jan 2, 2023 Common Stock, par value $.01 per share 8.45K Direct F5
transaction NRG Relative Performance Stock Units Award $0 +30.9K $0.00 30.9K Jan 2, 2023 Common Stock, par value $.01 per share 30.9K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the LTIP. Each RSU is equivalent in value to one share of NRG's Common Stock, par value $.01 per share ("Common Stock"). The Reporting Person will receive from NRG one such share of Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary date of the grant.
F2 On January 2, 2020, the Reporting Person was issued 4,892 RSUs by NRG under the LTIP. On January 2, 2023, 1,634 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 593 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 178 DERs vested, resulting in the Reporting Person holding 654 DERs in the aggregate.
F3 On January 2, 2020, the Reporting Person was issued 5,358 RSUs by NRG under the LTIP. On January 2, 2023, 1,784 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 625 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 126 DERs vested, resulting in the Reporting Person holding 528 DERs in the aggregate.
F4 On January 2, 2022, the Reporting Person was issued 9,575 RSUs by NRG under the LTIP. On January 2, 2023, 3,188 shares vested. The Reporting Person elected to satisfy their tax obligation upon the exchange of Common Stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 964 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 115 DERs vested, resulting in the Reporting Person holding 413 DERs in the aggregate.
F5 The Reporting Person did not vest in shares associated with RPSUs granted on January 2, 2020 because of performance conditions.
F6 On January 2, 2023, the Reporting Person was issued 32,895 RPSUs by NRG under the LTIP that vest on January 2, 2026, subject to certain performance conditions.