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

Role
EVP, Head of Com Mkts & Policy
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 +7.26K +4.45% $0.00 170K Jan 2, 2023 Direct F1
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -1.04K -0.61% $0.00 169K Jan 2, 2023 Direct F2
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -1.04K -0.62% $0.00 168K Jan 2, 2023 Direct F3
transaction NRG Common Stock, par value $.01 per share Tax liability $0 -1.16K -0.69% $0.00 167K 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 -16.6K -100% $0.00* 0 Jan 2, 2023 Common Stock, par value $.01 per share 16.6K Direct F5
transaction NRG Relative Performance Stock Units Award $0 +12K $0.00 12K Jan 2, 2023 Common Stock, par value $.01 per share 12K $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, 2021, the Reporting Person was issued 9,913 RSUs by NRG under the LTIP. On January 2, 2023, 3,301 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 1,037 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 233 DERs vested, resulting in the Reporting Person holding 1,045 DERs in the aggregate.
F3 On January 2, 2022, the Reporting Person was issued 11,016 RSUs by NRG under the LTIP. On January 2, 2023, 3,668 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 1,043 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 133 DERs vested, resulting in the Reporting Person holding 912 DERs in the aggregate.
F4 On January 2, 2020, the Reporting Person was issued 9,594 RSUs by NRG under the LTIP. On January 2, 2023, 3,205 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 1,163 shares of Common Stock to satisfy the Reporting Person's tax withholding obligation. In connection with the vesting of the RSUs, 349 DERs vested, resulting in the Reporting Person holding 563 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 11,998 RPSUs by NRG under the LTIP that vest on January 2, 2026, subject to certain performance conditions.