Edgar Filing: Jaisinghani Haresh R

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Jaisinghani Haresh R

2. Issuer Name and Ticker or Trading Symbol
AES CORP [AES]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President, Asia Region

(Last)

(First)

(Middle)

4300 WILSON BOULEVARD

3. Date of Earliest Transaction (Month/Day/Year)
12/22/2006

(Street)

ARLINGTON, VA 22203

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/22/2006		M		30,000	A	$ 13.19	30,000	D
Common Stock	12/22/2006		M		4,289 ⁽⁶⁾	A	$ 13.19	4,521	I	by Spouse
Common Stock	12/22/2006		S		5,000 ⁽¹⁾	D	$ 22.33	25,000	D
Common Stock	12/22/2006		S		1,500 ⁽¹⁾	D	$ 22.32	23,500	D
Common Stock	12/22/2006		S		2,665 ⁽¹⁾	D	$ 22.3	20,835	D
Common Stock	12/22/2006		S		3,000 ⁽¹⁾	D	$ 22.09	17,835	D
Common Stock	12/22/2006		S		4,422 ⁽¹⁾	D	$ 22.28	13,413	D
Common Stock	12/22/2006		S		4,319 ⁽¹⁾	D	$ 22.26	9,094	D
Common Stock	12/22/2006		S		5,334 ⁽¹⁾	D	$ 22.27	3,760	D
Common Stock	12/22/2006		S		2,360 ⁽¹⁾	D	$ 22.29	1,400	D
Common Stock	12/22/2006		S		900 ⁽¹⁾	D	$ 22.11	500	D
Common Stock	12/22/2006		S		500 ⁽¹⁾	D	$ 22.31	0	D
Common Stock	12/22/2006		S		2,289 ⁽²⁾ ⁽⁶⁾	D	$ 22.3	2,232	I	by Spouse
Common Stock	12/22/2006		S		1,000 ⁽²⁾ ⁽⁶⁾	D	$ 22.25	1,232	I	by Spouse
Common Stock	12/22/2006		S		1,000 ⁽²⁾ ⁽⁶⁾	D	$ 22.24	232	I	by Spouse
Common Stock								24,476 ⁽⁴⁾	I	by 401(k) Plan
Common Stock	12/26/2006		A		23 ⁽⁵⁾ ⁽⁶⁾	A	$ 22.5	13,612	I	by Spouse's 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option Grant (right to buy)

$ 13.19

12/22/2006

30,000

⁽³⁾

Common Stock

30,000

$ 0

13,461

Stock Option Grant (right to buy)

$ 13.19

12/22/2006

4,289

⁽³⁾

Common Stock

4,289

$ 0

by Spouse ⁽⁶⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Jaisinghani Haresh R 4300 WILSON BOULEVARD ARLINGTON, VA 22203			President, Asia Region

Signatures

Haresh R. Jaisinghani		12/27/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This sale was executed pursuant to a written plan intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934. Mr. Jaisinghani's sales plan was adopted on November 28, 2006.
(2)	This sale was executed pursuant to a written plan intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934. Ms. Zhao's (Mr. Jaisinghani's wife)sales plan was adopted on December 6, 2006.
(3)	This ten year stock option was awarded on 10/25/2001 and vested in one year, such that the entire grant was vested on 10/25/2002.
(4)	Based upon the latest plan statement dated 12/26/2006, Mr. Jaisinghani does not report any change in ownership for shares he holds in The AES Retirement Savings Plan.
(5)	Since Mr. Jaisinghani's last filing on 12/13/06, Mr. Jaisinghani's spouse acquired 23 shares of AES Common stock at an average price of $22.50 pursuant to The AES Retirement Savings Plan. This report is based upon a plan statement dated 12/26/2006.
(6)	The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Remarks: This is the first of two filings for Mr. Jaisinghani's December 22, 2006 transactions.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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