SEC Form 4 · accession 0001398889-15-000105
AMERICAN ELECTRIC POWER CO INC · AEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian X Tierney
Officer — Executive VP, CFO
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 11:21 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004904
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F4 | May 1, 2015 | F | 3,357 | $57.03 | D | 3,642 | D | |
| Common StockF2,F5 | May 1, 2015 | M | 4,427 | $56.59 | A | 8,069 | D | |
| Common StockF5 | May 1, 2015 | F | 2,122 | $56.59 | D | 5,947 | D | |
| Common StockF5 | May 1, 2015 | D | 2,305 | $56.59 | D | 3,642 | D | |
| Common StockF3,F5 | May 1, 2015 | M | 4,272 | $56.59 | A | 7,914 | D | |
| Common StockF5 | May 1, 2015 | F | 2,048 | $56.59 | D | 5,866 | D | |
| Common StockF5 | May 1, 2015 | D | 2,224 | $56.59 | D | 3,642 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F2 | — | May 1, 2015 | M | 4,427 | A | May 1, 2015 | May 1, 2015 | Common Stock | 4,427 | 0 | D |
| Restricted Stock UnitsF5,F3 | — | May 1, 2015 | M | 4,272 | A | May 1, 2015 | May 1, 2015 | Common Stock | 4,272 | 0 | D |
Explanation of responses
- F1A portion of Mr. Tierney's restricted stock units (6,999) that were granted on 1/25/2012 vested on 5/1/2015. Upon vesting, 3,357 restricted stock units were withheld to satisfy the reporting person's tax liability.
- F2A portion of Mr. Tierney's restricted stock units (4,427) that were granted on 2/26/2013 vested on 5/1/2015. Upon vesting, 2,122 restricted stock units were withheld to satisfy the reporting person's tax liability and the remaining restricted stock units were settled in cash.
- F3A portion of Mr. Tierney's restricted stock units (4,272) that were granted on 12/10/2013 vested on 5/1/2015. Upon vesting, 2,048 restricted stock units were withheld to satisfy the reporting person's tax liability and the remaining restricted stock units were settled in cash.
- F4Value is based on share price of $57.03 which was the closing price of the stock.
- F5Value is based on 20 day average closing price of $56.59.