SEC Form 4 · accession 0001398889-17-000031
AMERICAN ELECTRIC POWER CO INC · AEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lana L Hillebrand
Officer — Exec. VP, Chief Admin Officer
Period of report
Feb 10, 2017
Accepted (ET)
Feb 13, 2017 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004904
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share Units (Career Shares)F1,F2 | $0.00 | Feb 10, 2017 | A | 2,199 | A | Feb 10, 2017 | Feb 10, 2017 | Common Stock | 2,199 | 26,463 | D |
Explanation of responses
- F1Performance Share units awarded pursuant to the AEP Long-Term Incentive Plan. The reporting person deferred the receipt of vested performance units (net of taxes) into Career Shares (phantom stock) in AEP's Stock Ownership Requirement Plan. The Career Shares become payable upon the reporting person's termination of employment with AEP.
- F2Each Career Share is the economic equivalent of one share of AEP common stock.