X0202 4 2007-07-16 0 0001379895 DYNEGY INC. DYN 0001079648 HAMMICK PATRICIA A 109 LAWRENCE COVE LANE KILMARNOCK VA 22482 1 0 0 0 Phantom Stock 2007-07-16 4 A 0 1853.81 A Class A Common Stock 1853.81 46843.59 D Phantom Stock 2007-07-16 4 A 0 254.23 A Class A Common Stock 254.23 9146.51 D These shares of phantom stock are convertible on a 1-for-1 basis. Reflects shares of phantom stock issued to the Reporting Person pursuant to the Dynegy Inc. Deferred Compensation Plan for Certain Directors, as amended, a Rule 16b-3 Plan with the issuer. The shares of phantom stock were issued in connection with the Reporting Person?s director compensation for the second quarter of 2007, and the number of shares issued with respect to the quarter was calculated based on the closing price of the issuer?s Class A common stock of $9.44 on June 29, 2007, the last trading day of the quarter. Upon termination of the Reporting Person?s service as a director, the shares of phantom stock become payable, at the election of the Reporting Person, in a lump sum payment or in monthly, quarterly or annual installment payments following such termination. The shares of phantom stock are payable in cash or in shares of the issuer?s Class A common stock. These shares of phantom stock are deemed to be payable immediately as the Reporting Person may elect at any time to transafer the value of such shares to an alternative investment fund maintained by the issuer under the Dynegy Inc. Deferred Compensation Plan for Certain Directors, as amended. Upon termination of the Reporting Person's service as a director, the shares of phantom stock become payable in cash, at the election of the Reporting Person, in a lump sum payment or in monthly, quarterly or annual installment payments following such termination. /s/ Heidi D. Lewis, Attorney-in-Fact 2007-07-18