<SEC-DOCUMENT>0001179110-19-000541.txt : 20190107
<SEC-HEADER>0001179110-19-000541.hdr.sgml : 20190107
<ACCEPTANCE-DATETIME>20190107205929
ACCESSION NUMBER:		0001179110-19-000541
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190103
FILED AS OF DATE:		20190107
DATE AS OF CHANGE:		20190107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gutierrez Mauricio
		CENTRAL INDEX KEY:			0001428578

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15891
		FILM NUMBER:		19514548

	MAIL ADDRESS:	
		STREET 1:		211 CARNEGIE CENTER
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08540

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NRG ENERGY, INC.
		CENTRAL INDEX KEY:			0001013871
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				411724239
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		804 CARNEGIE CENTER
		STREET 2:		-
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08540
		BUSINESS PHONE:		609-524-4500

	MAIL ADDRESS:	
		STREET 1:		804 CARNEGIE CENTER
		STREET 2:		-
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08540

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NRG ENERGY INC
		DATE OF NAME CHANGE:	19960509
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
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        <issuerCik>0001013871</issuerCik>
        <issuerName>NRG ENERGY, INC.</issuerName>
        <issuerTradingSymbol>NRG</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001428578</rptOwnerCik>
            <rptOwnerName>Gutierrez Mauricio</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>NRG ENERGY, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>804 CARNEGIE CENTER</rptOwnerStreet2>
            <rptOwnerCity>PRINCETON</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08540</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President &amp; Chief Exec Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

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                <value>Common Stock, par value $.01 per share</value>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2019-01-04</value>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Market Stock Units</value>
            </securityTitle>
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            <transactionDate>
                <value>2019-01-04</value>
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                    <value>43525</value>
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                <transactionPricePerShare>
                    <value>0</value>
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            <exerciseDate>
                <value>2019-01-04</value>
            </exerciseDate>
            <expirationDate>
                <value>2019-01-04</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>217625</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                    <value>D</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
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                <transactionShares>
                    <value>13454</value>
                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <exerciseDate>
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            <expirationDate>
                <value>2019-01-04</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>13454</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
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    <footnotes>
        <footnote id="F1">On January 3, 2017, Mr. Gutierrez was issued 140,112 Restricted Stock Units (&quot;RSUs&quot;) by NRG Energy, Inc. under NRG Energy, Inc.'s Amended and Restated Long Term Incentive Plan. Each RSU is equivalent in value to one share of NRG's Common Stock, par value $.01. On January 3, 2019, 46,704 shares vested. Mr. Gutierrez elected to satisfy his 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 22,279 shares of common stock to satisfy the grantee's tax withholding obligation.</footnote>
        <footnote id="F2">In connection with the vesting of the RSUs described above, 465 DERs vested. Dividend equivalent rights accrue on the reporting person's restricted stock units, market stock units or relative performance stock units, which become exercisable proportionately with the restricted stock units, market stock units or relative performance stock units to which they relate and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one share of NRG common stock.</footnote>
        <footnote id="F3">On January 4, 2018, Mr. Gutierrez was issued 410,535 Restricted Stock Units (&quot;RSUs&quot;) by NRG Energy, Inc. under NRG Energy, Inc.'s Amended and Restated Long Term Incentive Plan. Each RSU is equivalent in value to one share of NRG's Common Stock, par value $.01. On January 4, 2019, 136,845 shares vested. Mr. Gutierrez elected to satisfy his 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 70,985 shares of common stock to satisfy the grantee's tax withholding obligation.</footnote>
        <footnote id="F4">In connection with the vesting of the RSUs described above, 4,230 DERs vested. Dividend equivalent rights accrue on the reporting person's restricted stock units, market stock units or relative performance stock units, which become exercisable proportionately with the restricted stock units, market stock units or relative performance stock units to which they relate and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one share of NRG common stock.</footnote>
        <footnote id="F5">The Reporting Person was issued 217,625 Market Stock Units by NRG under the LTIP on January 4, 2016 that vested on January 4, 2019.  On the vesting date the Reporting Person was entitled to receive a maximum of 435,250 shares of Common Stock if the company achieved 100% increase in total shareholder return since the grant date (the &quot;Maximum&quot;), 217,625 shares of Common Stock if there is no change in total shareholder return since the grant date (the &quot;Target&quot;) or 163,218 shares of Common Stock if there is a 25% decrease in total shareholder return since the grant date (the &quot;Threshold&quot;). The Reporting Person would not have received any shares of Common Stock if total shareholder return had decreased by more than 25% since the grant date. The number of shares that the Reporting Person could have received in interpolated for total shareholder return fall between Threshold, Target and Maximum levels.  On January 4, 2019 he vested in 435,250 shares.</footnote>
        <footnote id="F6">In connection with the vesting of the MSUs described above, an incremental 13,454 DERs vested. Dividend equivalent rights accrue on the Reporting Person's restricted stock units, market stock units or relative performance stock units, which become exercisable proportionately with the restricted stock units, market stock units or relative performance stock units to which they relate and may only be settled in NRG common stock. Each dividend equivalent right is the economic equivalent of one share of NRG common stock.</footnote>
        <footnote id="F7">The Reporting Person elected to satisfy his tax withholding obligation upon the exchange of common stock for MSUs having a value on the date of the exchange equal to the withholding obligation.  This form reflects the surrender of 229,512 shares of common stock to satisfy the grantee's tax withholding obligation.</footnote>
        <footnote id="F8">Includes 9,924 DERs.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Christine Zoino, by Power of Attorney</signatureName>
        <signatureDate>2019-01-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
