X0303 4 2010-02-19 0000874761 AES CORP AES 0001237644 HANRAHAN PAUL T 4300 WILSON BOULEVARD ARLINGTON VA 22203 1 1 President and CEO Common Stock 2010-02-19 4 A 0 1953 12.18 A 53231 I By 401(k) Plan Common Stock 217090 D Common Stock 110 I By Spouse Stock Option (Right to Buy) 12.18 2010-02-19 4 A 0 244605 0 A 2020-02-19 Common Stock 244605 244605 D Units 2010-02-19 4 A 0 15417 12.18 A Common Stock 15417 102713 D Restricted Stock Units 2010-02-19 4 D 0 61715 D Common Stock 61715 291430 D This 8% (of base salary) discretionary retirement savings award was granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 19, 2010 subject to applicable IRS contribution limits. The closing stock price on February 19, 2010 was used to determine the number of shares awarded. Between January 5, 2010 and February 18, 2010, the reporting person acquired 344 shares of AES Common stock under the Plan. This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments if certain continuing employment conditions are satisfied. If such conditions are satisfied, the first installment becomes exercisable on February 19, 2011, and the next two installments become exercisable on February 19, 2012 and February 19, 2013, respectively. These units are awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan") and Supplemental Retirement Plan ("SRP"). Generally, units under these plans shall be paid out following termination of employment or later as per the terms of the plan documents. Each unit represents a hypothetical AES investment equal to one share of AES Common stock and units under the Restoration Plan are 100% vested upon award. The Company did not meet the threshold performance conditions for this 2007 RSU award resulting in the forfeiture of the award. In column 9, the Company has voluntarily included amounts for grants awarded in 2008 and 2009 where performance criteria have not been met. The Company intends to discontinue voluntary disclosure of awards where performance criteria have not been met. /s/ Paul Hanrahan 2010-02-23