Rasesh M. Patel - 27 Apr 2023 Form 3 Insider Report for NRG ENERGY, INC. (NRG)

Role: Exec VP, Vivint
Signature: Christine Zoino, by Power of Attorney
Issuer symbol: NRG
Transactions as of: 27 Apr 2023
Net transactions value: $0
Form type: 3
Filing time: 03 May 2023, 16:39:51 UTC
Previous filing: 14 Mar 2023
Next filing: 03 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NRG	Common Stock, par value $.01 per share						439,216	27 Apr 2023	Direct	F1

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
holding	NRG	Relative Performance Stock Units							27 Apr 2023	Common Stock, par value $.01 per share	44,706	$0.000000	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes (i) 410,345 restricted stock units of NRG Energy, Inc. ("RSUs") received in exchange for 1,143,662 restricted stock units of Vivint Smart Home, Inc. in connection with the acquisition of Vivint based on an exchange ratio of 0.3588 ( the "Exchange RSUs"), and (ii) 28,871 RSUs issued to the reporting person following the acquisition under the Issuer's long term incentive plan (the "NRG RSUs"). The Reporting Person will receive from NRG one share of Common Stock for each RSU upon vesting. Exchange RSUs will vest as follows: 127,349 on May 16, 2023; 159,186 on May 16, 2024; and 61,905 on May 16, 2025 and May 16, 2026, respectively . NRG RSUs vest ratably over a three-year period beginning on the first anniversary of the date of grant.

Content

Includes (i) 410,345 restricted stock units of NRG Energy, Inc. ("RSUs") received in exchange for 1,143,662 restricted stock units of Vivint Smart Home, Inc. in connection with the acquisition of Vivint based on an exchange ratio of 0.3588 ( the "Exchange RSUs"), and (ii) 28,871 RSUs issued to the reporting person following the acquisition under the Issuer's long term incentive plan (the "NRG RSUs"). The Reporting Person will receive from NRG one share of Common Stock for each RSU upon vesting. Exchange RSUs will vest as follows: 127,349 on May 16, 2023; 159,186 on May 16, 2024; and 61,905 on May 16, 2025 and May 16, 2026, respectively . NRG RSUs vest ratably over a three-year period beginning on the first anniversary of the date of grant.

Remarks:

rpatelpoa.pdf