SEC Form 4 · accession 0001225208-16-041950
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
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 7:55 pm EST
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 | Nov 15, 2016 | S | 20,000 | $44.7346 | D | 440,510 | D | |
| Common StockF2 | Nov 16, 2016 | S | 24,100 | $44.2111 | D | 416,410 | D | |
| Common StockF3 | Nov 17, 2016 | M | 12,500 | $45.01 | A | 428,910 | D | |
| Common StockF4 | Nov 17, 2016 | F | 57 | $45.50 | D | 428,853 | D | |
| Common StockF5 | Nov 17, 2016 | D | 12,366 | $45.50 | D | 416,487 | D | |
| Common StockF6 | Nov 17, 2016 | S | 45,456 | $45.247 | D | 371,031 | 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 RightsF7 | $45.01 | Nov 17, 2016 | M | 12,500 | D | Dec 9, 2013 | Apr 11, 2017 | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.52 to $44.84, 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.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.97 to $44.69, 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.
- F3Shares acquired upon the exercise of 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.
- F5Shares disposed to the issuer to cover the exercise price of the exercised stock-settled stock appreciation rights.
- F6The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.54 to $45.84, 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.
- F7This 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 stock-settled stock appreciation rights prior to expiration.