Stephen Coughlin - Feb 24, 2023 Form 4 Insider Report for AES CORP (AES)

Role: EVP and CFO
Signature: /s/ Jennifer V. Gillcrist, attorney-in-fact
Stock symbol: AES
Transactions as of: Feb 24, 2023
Transactions value $: $262,011
Form type: 4
Date filed: 2/27/2023, 03:13 PM
Previous filing: Feb 22, 2023
Next filing: Nov 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AES	Common Stock	Tax liability	-$42.5K	-1.68K	-2.53%	$25.32	64.5K	Feb 24, 2023	Direct	F1
transaction	AES	Common Stock	Award	$304K	+12K	+18.65%	$25.32	76.5K	Feb 24, 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Reflects tax withholding in connection with the vesting and settlement of one-third of the Restricted Stock Units granted February 24, 2022.
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.

Content

Reflects tax withholding in connection with the vesting and settlement of one-third of the Restricted Stock Units granted February 24, 2022.

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.