SEC Form 4 · accession 0001225208-17-001032
American Airlines Group Inc. · AAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Douglas Parker
Officer — Chairman and CEO · Director
Period of report
Jan 11, 2017
Accepted (ET)
Jan 12, 2017 · 4:15 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 | Jan 11, 2017 | M | 90,000 | $45.01 | A | 1,631,370 | D | |
| Common StockF2 | Jan 11, 2017 | F | 3,199 | $49.00 | D | 1,628,171 | D | |
| Common StockF3 | Jan 11, 2017 | S | 4,129 | $49.00 | D | 1,624,042 | D | |
| Common StockF4 | Jan 11, 2017 | D | 82,672 | $49.00 | D | 1,541,370 | 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 RightsF5 | $45.01 | Jan 11, 2017 | M | 90,000 | D | Dec 9, 2013 | Apr 11, 2017 | Common Stock | 90,000 | 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.
- F3This sale 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.
- F4Shares disposed to the issuer to cover the exercise price of the exercised stock-settled stock appreciation rights.
- F5This 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.