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The following is an excerpt from a DEF 14A SEC Filing, filed by NRG ENERGY, INC. on 3/13/2013.
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NRG ENERGY, INC. - DEF 14A - 20130313 - STOCKHOLDER_PROPOSALS


REQUIREMENTS FOR SUBMISSION OF STOCKHOLDER PROPOSALS
FOR NEXT YEAR'S ANNUAL MEETING

        In order for a stockholder proposal to be considered for inclusion in NRG's Proxy Statement for next year's Annual Meeting, our Corporate Secretary must receive the proposal no later than the close of business on November 14, 2013, which is the 120th day prior to the first anniversary of the date on which this Proxy Statement was first released to our stockholders in connection with the 2013 Annual Meeting. If we change the date of the 2014 Annual Meeting of Stockholders by more than 30 days from the anniversary of this year's annual meeting, stockholder proposals must be received a reasonable time before we begin to print and mail the proxy materials for the 2014 Annual Meeting in order to be considered for inclusion in NRG's Proxy Statement. Proposals must be sent via registered, certified, or express mail (or other means that allows the stockholder to determine when the proposal was received by the Corporate Secretary) to the Corporate Secretary, NRG Energy, Inc., 211 Carnegie Center, Princeton, New Jersey 08540. Proposals must contain the information required under NRG's Bylaws, a copy of which is available upon request to our Corporate Secretary, and also must comply with the SEC's regulations regarding the inclusion of stockholder proposals in Company sponsored proxy materials.

        Alternatively, stockholders intending to present a proposal or nominate a director for election at next year's Annual Meeting without having the proposal or nomination included in the Company's Proxy Statement must comply with the requirements set forth in the Company's Bylaws. Our Bylaws require, among other things, that our Corporate Secretary receive the proposal or nomination no earlier than the close of business on the 120th day, and no later than the close of business on the 90th day, prior to the first anniversary of the preceding year's Annual Meeting, unless the 2014 Annual Meeting is more than 30 days before or more than 70 days after such anniversary date. Accordingly, for NRG's 2014 Annual Meeting, our Corporate Secretary must receive the proposal or nomination no earlier than December 26, 2013 and no later than the close of business on January 25, 2014, unless the 2014 Annual Meeting is held earlier than March 26, 2014 or later than July 4, 2014, in which case the proposal or nomination should be received not earlier than the close of business on the one hundred twentieth (120th) day prior to such annual meeting and not later than the close of business on the later of (a) the 90th day prior to the date of the 2014 Annual Meeting or (b) the 10th day following the day on which the date of the 2014 Annual Meeting is first publicly announced by the Company. The proposal or nomination must contain the information required by the Bylaws, a copy of which is available upon request to our Corporate Secretary. If the stockholder does not meet the applicable deadlines or comply with the requirements of SEC Rule 14a-4, NRG may exercise discretionary voting authority under proxies we solicit to vote, in accordance with our best judgment, on any such proposal.

75


Table of Contents


Appendix A


Executive Compensation — Additional Information

2012 Peer Group

 
   
   
   
   
  Adjusted
Beta (1)
 
 
   
   
  TSR  
 
   
  GICS Sub-
Industry
 
Company
  Ticker   1 year   3 Year   1 year   3 Year  

Edison International

  EIX   Electric Utilities     12.4 %   43.4 %   0.607     0.759  

Entergy

  ETR   Electric Utilities     -8.2 %   -10.3 %   0.634     0.738  

NextEra Energy

  NEE   Electric Utilities     17.9 %   47.1 %   0.618     0.722  

PPL

  PPL   Electric Utilities     2.3 %   3.3 %   0.512     0.658  

Xcel Energy

  XEL   Electric Utilities     0.5 %   42.7 %   0.590     0.705  
                           

      Average     5.0 %   25.2 %   0.592     0.716  

      Median     2.3 %   42.7 %   0.607     0.722  

Ameren

 

AEE

 
Multi-Utilities
   
-2.6

%
 
28.8

%
 
0.653
   
0.795
 

CenterPoint Energy

  CNP   Multi-Utilities     -0.2 %   52.1 %   0.703     0.840  

CMS Energy

  CMS   Multi-Utilities     15.1 %   76.2 %   0.618     0.779  

Dominion Resources

  D   Multi-Utilities     1.6 %   51.1 %   0.618     0.715  

DTE Energy

  DTE   Multi-Utilities     14.9 %   57.6 %   0.656     0.773  

Public Service Enterprise Group

  PEG   Multi-Utilities     -3.0 %   4.8 %   0.631     0.782  

Sempra Energy

  SRE   Multi-Utilities     33.8 %   40.5 %   0.690     0.785  
                           

      Average     8.5 %   44.4 %   0.653     0.781  

      Median     1.6 %   51.1 %   0.653     0.782  

AES

 

AES

 
IPP & Energy Traders
   
-9.3

%
 
-19.3

%
 
0.935
   
1.186
 

Calpine

  CPN   IPP & Energy Traders     11.0 %   64.8 %   0.682     0.929  

Constellation Energy (2)

  CEG   IPP & Energy Traders     na     na     na     na  

Dynegy (3)

  DYN   IPP & Energy Traders     na     na     na     na  

GenOn Energy (4)

  GEN   IPP & Energy Traders     na     na     na     na  

NRG Energy

 

NRG

 
IPP & Energy Traders
   
28.0

%
 
-1.8

%
 
1.049
   
1.007
 
                           

      Average     9.9 %   14.6 %   0.889     1.041  

      Median     11.0 %   -1.8 %   0.935     1.007  

NRG Energy

 

NRG

 
IPP & Energy Traders
   
28.0

%
 
-1.8

%
 
1.049
   
1.007
 

Source: Research Insight and Bloomberg.

(1)
Beta is a measure of the volatility of a particular stock's price relative to the market as a whole (in this case, the market is the S&P 500). A stock with higher Beta is generally viewed as more volatile and risky than lower Beta stocks. Adjusted equity Beta assumes that a security's Beta moves towards the market average over time.

(2)
Constellation Energy (CEG) was acquired by Exelon (EXC) on March 12, 2012.

(3)
Dynegy Inc. filed for Chapter 11 Bankruptcy protection on July 6, 2012, and emerged from bankruptcy on October 1, 2012.

(4)
GenOn Energy (GEN) merged with NRG Energy on December 14, 2012.

A-1


Table of Contents


2013 Peer Group

 
   
   
   
   
  Adjusted
Beta (1)
 
 
   
   
  TSR  
 
   
  GICS Sub-
Industry
 
Company
  Ticker   1 year   3 Year   1 year   3 Year  

American Electric Power

  AEP   Electric Utilities     8.2 %   41.8 %   0.616     0.731  

Edison International

  EIX   Electric Utilities     12.4 %   43.4 %   0.607     0.759  

Entergy

  ETR   Electric Utilities     -8.2 %   -10.3 %   0.634     0.738  

Exelon

  EXC   Electric Utilities     -27.3 %   -28.6 %   0.579     0.700  

FirstEnergy

  FE   Electric Utilities     -1.0 %   5.6 %   0.588     0.733  

NextEra Energy

  NEE   Electric Utilities     17.9 %   47.1 %   0.618     0.722  

PPL

  PPL   Electric Utilities     2.3 %   3.3 %   0.512     0.658  

Xcel Energy

  XEL   Electric Utilities     0.5 %   42.7 %   0.590     0.705  
                           

      Average     0.6 %   18.1 %   0.593     0.718  

      Median     1.4 %   23.7 %   0.599     0.727  

Ameren

 

AEE

 
Multi-Utilities
   
-2.6

%
 
28.8

%
 
0.653
   
0.795
 

CenterPoint Energy

  CNP   Multi-Utilities     -0.2 %   52.1 %   0.703     0.840  

CMS Energy

  CMS   Multi-Utilities     15.1 %   76.2 %   0.618     0.779  

Dominion Resources

  D   Multi-Utilities     1.6 %   51.1 %   0.618     0.715  

DTE Energy

  DTE   Multi-Utilities     14.9 %   57.6 %   0.656     0.773  

Public Service Enterprise Group

  PEG   Multi-Utilities     -3.0 %   4.8 %   0.631     0.782  

Sempra Energy

  SRE   Multi-Utilities     33.8 %   40.5 %   0.690     0.785  
                           

      Average     8.5 %   44.4 %   0.653     0.781  

      Median     1.6 %   51.1 %   0.653     0.782  

AES

 

AES

 
IPP & Energy Traders
   
-9.3

%
 
-19.3

%
 
0.935
   
1.186
 

Calpine

  CPN   IPP & Energy Traders     11.0 %   64.8 %   0.682     0.929  

NRG Energy

  NRG   IPP & Energy Traders     28.0 %   -1.8 %   1.049     1.007  

TransAlta

  TAC   IPP & Energy Traders     -20.8 %   -18.3 %   0.849     0.774  
                           

      Average     2.2 %   6.4 %   0.879     0.974  

      Median     0.9 %   -10.0 %   0.892     0.968  

NRG Energy

 

NRG

 
IPP & Energy Traders
   
28.0

%
 
-1.8

%
 
1.049
   
1.007
 

Source: Research Insight and Bloomberg.

(1)
Beta is a measure of the volatility of a particular stock's price relative to the market as a whole (in this case, the market is the S&P 500). A stock with higher Beta is generally viewed as more volatile and risky than lower Beta stocks. Adjusted equity Beta assumes that a security's Beta moves towards the market average over time.

A-2


Using a black ink pen, mark your votes with an X as shown in this example. Please do not write outside the designated areas. X 01LIUD 5 2 A M + Annual Meeting Proxy Card Authorized Signatures — This section must be completed for your vote to be counted. — Date and Sign Below C Please sign exactly as name(s) appears hereon. Joint owners should each sign. When signing as attorney, executor, administrator, corporate officer, trustee, guardian, or custodian, please give full title. Signature 1 — Please keep signature within the box. Signature 2 — Please keep signature within the box. Date (mm/dd/yyyy) — Please print date below. + B Non-Voting Items A Proposals — The Board of Directors recommends a vote FOR all the nominees listed and FOR Proposals 2 and 3. For Against Abstain 2. To approve, on an advisory basis, the compensation of the Company's named executive officers. For Against Abstain 3. To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for fiscal year 2013. Change of Address — Please print new address below. 01 - Kirbyjon H. Caldwell 04 - Evan J. Silverstein 02 - David Crane 05 - Thomas H. Weidemeyer 03 - Kathleen A. McGinty 1. Election of Class I Directors: IMPORTANT ANNUAL MEETING INFORMATION For Against Abstain For Against Abstain For Against Abstain IF YOU HAVE NOT VOTED VIA THE INTERNET OR TELEPHONE, FOLD ALONG THE PERFORATION, DETACH AND RETURN THE BOTTOM PORTION IN THE ENCLOSED ENVELOPE. Electronic Voting Instructions Available 24 hours a day, 7 days a week! Instead of mailing your proxy, you may choose one of the voting methods outlined below to vote your proxy. VALIDATION DETAILS ARE LOCATED BELOW IN THE TITLE BAR. Proxies submitted by the Internet or telephone must be received by 11:59 p.m., Eastern Time, on April 24, 2013. Vote by Internet • Go to www.envisionreports.com/nrg • Or scan the QR code with your smartphone • Follow the steps outlined on the secure website Vote by telephone • Call toll free 1-800-652-VOTE (8683) within the USA, US territories & Canada on a touch tone telephone • Follow the instructions provided by the recorded message

 


ANNUAL MEETING OF STOCKHOLDERS April 25, 2013, 10:00 A.M. Hotel du Pont 11th and Market Streets, Wilmington, Delaware This Proxy/Voting Instruction Card is Solicited on Behalf of the Board of Directors for the 2013 Annual Meeting of Stockholders The undersigned hereby constitutes and appoints David Crane and Brian Curci, and each of them, attorneys and proxies with full power of substitution, to represent the undersigned and to vote all shares of common stock, $0.01 par value, of NRG Energy, Inc. (the “Company”), that the undersigned would be entitled to vote if personally present at the 2013 Annual Meeting of Stockholders of the Company to be held on April 25, 2013, at 10:00 a.m. (Eastern Time) at the Hotel du Pont, 11th and Market Streets, Wilmington, Delaware, and at any and all adjournments or postponements thereof (the “Meeting”), as herein specified and in such proxyholder’s discretion upon any other matter that may properly come before the Meeting including without limitation to vote on the election of such substitute nominees as such proxies may select in the event nominee(s) named on their card become(s) unable to serve as director. By granting this proxy, the undersigned hereby revokes any proxy previously granted by the undersigned. THIS PROXY WILL BE VOTED AS DIRECTED. IF NOT OTHERWISE DIRECTED, THIS PROXY WILL BE VOTED “FOR” THE NOMINEES LISTED UNDER PROPOSAL 1, AND “FOR” PROPOSALS 2 AND 3. PLEASE MARK, DATE AND SIGN THIS PROXY AND RETURN IT PROMPTLY, EVEN IF YOU PLAN TO ATTEND THE ANNUAL MEETING. (Continued and to be signed on the other side) Proxy — NRG Energy, Inc. IF YOU HAVE NOT VOTED VIA THE INTERNET OR TELEPHONE, FOLD ALONG THE PERFORATION, DETACH AND RETURN THE BOTTOM PORTION IN THE ENCLOSED ENVELOPE.

 

 

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