SEC Form 4 · accession 0001225208-16-030272
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
Mar 23, 2016
Accepted (ET)
Mar 24, 2016 · 4:56 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 | Mar 23, 2016 | M | 12,500 | $38.44 | A | 437,572 | D | |
| Common StockF2 | Mar 23, 2016 | F | 535 | $42.80 | D | 437,037 | D | |
| Common StockF3 | Mar 23, 2016 | D | 11,227 | $42.80 | D | 425,810 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF4 | $38.44 | Mar 23, 2016 | M | 12,500 | D | Dec 9, 2013 | Apr 19, 2016 | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1Shares acquired upon the exercise of stock-settled stock appreciation rights.
- F2Shares withheld by the issuer to cover applicable withholding taxes related to the exercise of the stock-settled stock appreciation rights
- F3Shares disposed to the issuer to cover the exercise price of the exercised stock-settled stock appreciation rights.
- F4This exercise is pursuant to a written plan for trading securities that complies with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934 as amended. The reporting person is exercising the settled stock appreciation rights prior to expiration on April 19, 2016.