SEC Form 4 · accession 0001398889-16-000265
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 2, 2016
Accepted (ET)
May 3, 2016 · 4:35 pm 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 2, 2016 | M | 4,601 | $64.77 | A | 4,601 | D | |
| Common StockF4 | May 2, 2016 | F | 2,206 | $64.77 | D | 2,395 | D | |
| Common StockF4 | May 2, 2016 | D | 2,395 | $64.77 | D | 0 | D | |
| Common StockF2,F4 | May 2, 2016 | M | 4,441 | $64.77 | A | 4,441 | D | |
| Common StockF4 | May 2, 2016 | F | 2,129 | $64.77 | D | 2,312 | D | |
| Common StockF4 | May 2, 2016 | D | 2,312 | $64.77 | D | 0 | D | |
| Common StockF3,F4 | May 2, 2016 | M | 3,375 | $64.77 | A | 3,375 | D | |
| Common StockF4 | May 2, 2016 | F | 1,618 | $64.77 | D | 1,757 | D | |
| Common StockF4 | May 2, 2016 | D | 1,757 | $64.77 | D | 0 | 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 UnitsF4,F1 | — | May 2, 2016 | M | 4,601 | A | May 2, 2016 | May 2, 2016 | Common Stock | 4,601 | 0 | D |
| Restricted Stock UnitsF4,F2 | — | May 2, 2016 | M | 4,441 | A | May 2, 2016 | May 2, 2016 | Common Stock | 4,441 | 0 | D |
| Restricted Stock UnitsF4,F3 | — | May 2, 2016 | M | 3,375 | A | May 2, 2016 | May 2, 2016 | Common Stock | 3,375 | 0 | D |
Explanation of responses
- F1A portion of Mr. Tierney's restricted stock units (4,601) that were granted on 2/26/2013 vested on 5/2/2016. Upon vesting, 2,206 restricted stock units were withheld to satisfy the reporting person's tax liability and the remaining restricted stock units were settled in cash.
- F2A portion of Mr. Tierney's restricted stock units (4,441) that were granted on 12/10/2013 vested on 5/2/2016. Upon vesting, 2,129 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 (3,375) that were granted on 2/24/2015 vested on 5/2/2016. Upon vesting, 1,618 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 20 day average closing price of $64.77.