SEC Form 4 · accession 0001225208-16-041035
American Airlines Group Inc. · AAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew P Nocella
Officer — SVP Chief Marketing Officer
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 5:58 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 | Oct 31, 2016 | M | 25,164 | $7.62 | A | 307,719 | D | |
| Common StockF2 | Oct 31, 2016 | M | 10,268 | $8.14 | A | 317,987 | D | |
| Common StockF3 | Oct 31, 2016 | D | 4,711 | $40.71 | D | 313,276 | D | |
| Common StockF4 | Oct 31, 2016 | F | 8,581 | $40.71 | D | 304,695 | D | |
| Common StockF2 | Oct 31, 2016 | D | 10,268 | $40.68 | D | 294,427 | D | |
| Common StockF5 | Oct 31, 2016 | S | 171,383 | $40.6483 | D | 123,044 | 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 RightsF6 | $7.62 | Oct 31, 2016 | M | 25,164 | D | — | Apr 11, 2019 | Common Stock | 25,164 | 0 | D |
| Stock Appreciation RightsF6 | $8.14 | Oct 31, 2016 | M | 10,268 | D | — | Apr 20, 2018 | Common Stock | 10,268 | 0 | D |
Explanation of responses
- F1Shares acquired upon the exercise of stock-settled stock appreciation rights
- F2Represents shares deemed to have been acquired and disposed of to the issuer upon the exercise of cash-settled stock appreciation rights.
- F3Shares disposed of to the issuer to cover the exercise price of the exercised stock-settled stock appreciation rights.
- F4Shares withheld by the issuer to cover applicable withholding taxes related to the exercise of the stock-settled stock appreciation rights.
- F5The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $40.5650 to $40.81 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6Date exercisable is December 9, 2013.