SEC Form 4 · accession 0001225208-18-000103
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 2, 2018
Accepted (ET)
Jan 3, 2018 · 8:00 am 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 2, 2018 | M | 240,536 | $8.14 | A | 1,925,242 | D | |
| Common StockF1 | Jan 2, 2018 | M | 196,820 | $8.84 | A | 2,122,062 | D | |
| Common StockF2 | Jan 2, 2018 | D | 70,665 | $52.33 | D | 2,051,397 | D | |
| Common StockF3 | Jan 2, 2018 | F | 142,119 | $52.33 | D | 1,909,278 | D | |
| Common StockF4,F5 | Jan 2, 2018 | S | 224,572 | $52.3219 | D | 1,684,706 | 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 | $8.84 | Jan 2, 2018 | M | 196,820 | D | Dec 9, 2013 | Apr 9, 2018 | Common Stock | 196,820 | 0 | D |
| Stock Appreciation RightsF6 | $8.14 | Jan 2, 2018 | M | 240,536 | D | Dec 9, 2013 | Apr 20, 2018 | Common Stock | 240,536 | 0 | D |
Explanation of responses
- F1Shares acquired upon the exercise of stock-settled stock appreciation rights.
- F2Shares disposed to the issuer to cover the exercise price of the exercised stock-settled stock appreciation rights.
- F3Shares withheld by the issuer to cover applicable withholding taxes related to the exercise of the stock-settled stock appreciation rights.
- F4This 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.
- F5The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.90 to $52.595, 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.
- F6This 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.