SEC Form 4 · accession 0001225208-15-010163
American Airlines Group Inc. · AAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elise R Eberwein
Officer — EVP People and Communications
Period of report
Apr 15, 2015
Accepted (ET)
Apr 17, 2015 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006201
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 15, 2015 | A | 61,082 | $0.00 | A | 537,733 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Unit award that vests over three years, with 33.33 percent of the grant vesting based on continued service through the first anniversary of the grant date, 16.67 percent of the grant vesting based on continued service through the second anniversary of the grant date, and 50 percent of the grant vesting in the event a performance goal measured from January 2015 through December 2017 is achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the amount of Restricted Stock Units that vest may vary between fifty percent and two hundred percent of the initial award depending on relative performance, and no such Restricted Stock Units will vest if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.