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Filing Details

Accession Number:: 0001179110-11-000449
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-01-04 19:33:15
Reporting Period:: 2010-12-20

Filing Date:: 2011-01-04
Accepted Time:: 2011-01-04 19:33:15
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1013871	Nrg Energy Inc.	NRG	Electric Services (4911)	411724239

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1266171	W John Ragan	Nrg Energy, Inc. 211 Carnegie Center Princeton NJ 08540	Exec Vp, Regional Pres Texas	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value .01 Per Share	Disposition	2010-12-20	3,000	$18.69	23,522	No	4	S	Direct
Common Stock, Par Value $.01 Per Share	Disposition	2011-01-02	675	$0.00	22,847	No	4	F	Direct
Common Stock, Par Value $.01 Per Share	Acquisiton	2011-01-03	17,100	$0.00	40,840	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	F	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $.01 Per Share	Non-Qualified Stock Options	Acquisiton	2011-01-03	39,000	$0.00	39,000	$19.83
Common Stock, Par Value $.01 Per Share	Performance Units	Acquisiton	2011-01-03	16,800	$0.00	33,600	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
39,000	2012-01-03	2021-01-03	No	4	A	Direct
16,800	2014-01-03	2014-01-03	No	4	A	Direct

Footnotes

On January 2, 2008, Mr. Ragan was issued 2,200 Restricted Stock Units ("RSU's") by NRG Energy, Inc. under NRG Energy, Inc.'s Long Term Incentive Plan (the "LTIP"). Each RSU is equivalent in value to one share of NRG's Common Stock, par value $0.01. On January 2, 2011, the RSUs vested. Pursuant to the LTIP, Mr. Ragan elected to satisfy his tax withholding obligation upon the exchange of common stock for RSU's by surrendering a number of shares of common stock having a value on the date of the exchange equal to the tax withholding obligation. This form is being filed to reflect the surrender of 675 shares of common stock to satisfy the grantee's tax withholding obligation.
Represents Restricted Stock Units issued to Mr. Ragan by NRG Energy, Inc. under NRG Energy, Inc.'s Long Term Incentive Plan.
Each Restricted Stock Unit is equivalent in value to one share of NRG Energy, Inc.'s Common Stock, par value $0.01 per share. Mr. Ragan will receive from NRG Energy, Inc. one such share of Common Stock for each Restricted Stock Unit on January 3, 2014.
Includes 893 shares acquired under NRG Energy, Inc.'s Employee Stock Purchase Plan since the Reporting Person's last filing.
Pursuant to the Grant Agreement by and between NRG Energy, Inc. and Mr. Ragan, the Stock Options will vest and become exercisable as follows: 33 1/3% on January 3, 2012; 33 1/3% on January 3, 2013; and, 33 1/3% on January 3, 2014.
Stock Options expire ten years from the date of the grant.
Mr. Ragan was issued 16,800 Performance Units by NRG under the LTIP on January 3, 2011. Each Performance Unit will be paid out on January 3, 2014 if the average of the closing price of NRG's Common Stock on January 3, 2014 and the nineteen preceeding tracking days (the "Measurement Price") is equal to or greater than $24.57 (the "Threshold Price"). The payout for each PU will be equal to a pro-rated amount in between one-half and one share of common stock if the Measurement Price equals or exceeds the Threshold Price but less than $26.66 (the "Target Price"). The payout for each PU will be equal to a pro-rated amount in between one and two shares of common stock if the Measurement Price is equal to the Target Price but less than $31.17 (the "Maximum Price"). The payout for each PU will be equal to two shares of common stock if the Measurement Price is equal to or greater than the Maximum Price.