Mauricio Gutierrez - 02 Jan 2023 Form 4 Insider Report for NRG ENERGY, INC. (NRG)

Role: President & CEO, Director
Signature: Christine Zoino, by Power of Attorney
Issuer symbol: NRG
Transactions as of: 02 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Jan 2023, 16:53:52 UTC
Previous filing: 16 Dec 2022
Next filing: 03 Feb 2023
SEC: View on sec.gov

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	+120,361	+11%	$0.000000	1,231,729	02 Jan 2023	Direct	F1
transaction	NRG	Common Stock, par value $.01 per share	Tax liability	$0	-4,622	-0.38%	$0.000000	1,227,107	02 Jan 2023	Direct	F2
transaction	NRG	Common Stock, par value $.01 per share	Tax liability	$0	-4,992	-0.41%	$0.000000	1,222,115	02 Jan 2023	Direct	F3
transaction	NRG	Common Stock, par value $.01 per share	Tax liability	$0	-8,168	-0.67%	$0.000000	1,213,947	02 Jan 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	-83,615	-100%	$0.000000^*	0	02 Jan 2023	Common Stock, par value $.01 per share	83,615		Direct	F5
transaction	NRG	Relative Performance Stock Units	Award	$0	+198,921		$0.000000	198,921	02 Jan 2023	Common Stock, par value $.01 per share	198,921	$0.000000	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 48,401 RSUs by NRG under the LTIP. On January 2, 2023, 16,166 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 4,622 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 1,765 DERs vested, resulting in the Reporting Person holding 4,981 DERs in the aggregate.
F3	On January 2, 2021, the Reporting Person was issued 50,012 RSUs by NRG under the LTIP. On January 2, 2023, 16,654 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 4,992 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 1,176 DERs vested, resulting in the Reporting Person holding 3,805 DERs in the aggregate.
F4	On January 2, 2022, the Reporting Person was issued 60,157 RSUs by NRG under the LTIP. On January 2, 2023, 20,032 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 8,168 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 726 DERs vested, resulting in the Reporting Person holding 3,079 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 198,921 RPSUs by NRG under the LTIP that vest on January 2, 2026, subject to certain performance conditions.