SEC Form 4 · accession 0001398889-18-000071
AMERICAN ELECTRIC POWER CO INC · AEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas K Akins
Officer — President, CEO
Period of report
May 1, 2018
Accepted (ET)
May 2, 2018 · 4:08 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 1, 2018 | M | 12,746 | $68.63 | A | 79,662 | D | |
| Common StockF4 | May 1, 2018 | F | 5,780 | $68.63 | D | 73,882 | D | |
| Common StockF4 | May 1, 2018 | D | 6,966 | $68.63 | D | 66,916 | D | |
| Common StockF2,F4 | May 1, 2018 | M | 9,646 | $68.63 | A | 76,562 | D | |
| Common StockF4 | May 1, 2018 | F | 4,374 | $68.63 | D | 72,188 | D | |
| Common StockF4 | May 1, 2018 | D | 2,572 | $68.63 | D | 66,916 | D | |
| Common StockF3,F5 | May 1, 2018 | F | 4,573 | $69.44 | D | 62,343 | 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 1, 2018 | M | 12,746 | A | May 1, 2018 | May 1, 2018 | Common Stock | 12,746 | 0 | D |
| Restricted Stock UnitsF4,F2 | — | May 1, 2018 | M | 9,646 | A | May 1, 2018 | May 1, 2018 | Common Stock | 9,646 | 0 | D |
Explanation of responses
- F1A portion of Mr. Akins' restricted stock units (12,746) that were granted on 2/24/2015 vested on 5/1/2018. Upon vesting, 5,780 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. Akins' restricted stock units (9,646) that were granted on 2/23/2016 vested on 5/1/2018. Upon vesting, 4,374 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. Akins' restricted stock units (10,083) that were granted on 2/20/2017 vested on 5/1/2018. Upon vesting, 4,573 restricted stock units were withheld to satisfy the reporting person's tax liability.
- F4Value is based on 20 day average stock closing price.
- F5Value is based on closing price of the stock.