SEC Form 4 · accession 0001225208-17-006110
AMERICAN EAGLE OUTFITTERS INC · AEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay L Schottenstein
Officer — Exec Chairman & CEO · Director
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 6:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000919012
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, without par value | Mar 8, 2017 | A | 44,271 | $0.00 | A | 1,049,640 | D | |
| Common Stock, without par value | Mar 8, 2017 | M | 30,530 | $0.00 | A | 1,080,170 | D | |
| Common Stock, without par value | Mar 8, 2017 | F | 24,214 | $14.59 | D | 1,055,956 | D | |
| Common Stock, without par value | Mar 9, 2017 | M | 22,421 | $0.00 | A | 1,078,377 | D | |
| Common Stock, without par value | Mar 9, 2017 | F | 9,406 | $14.48 | D | 1,068,971 | D | |
| Common Stock, without par value | holding | — | — | — | 3,250,698 | I | By Schottenstein SEI, LLC | |
| Common Stock, without par value | holding | — | — | — | 3,698,817 | I | By SEI, Inc. | |
| Common Stock, without par valueF1 | holding | — | — | — | 5,771,205 | I | By Trusts | |
| Common Stock, without par valueF2 | holding | — | — | — | 500,000 | I | Limited Liability Company |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF3 | — | Mar 8, 2017 | M | 1,355 | D | — | — | Common Stock, without par value | 1,355 | 2,650 | D |
| Restricted Stock UnitF4,F5 | — | Mar 8, 2017 | A | 21,511 | A | — | — | Common Stock, without par value | 21,511 | 42,379 | D |
| Restricted Stock UnitF4,F6 | — | Mar 8, 2017 | M | 29,175 | D | — | Mar 3, 2017 | Common Stock, without par value | 29,175 | 0 | D |
| Stock Option - Right to BuyF7 | $14.59 | Mar 8, 2017 | A | 227,937 | A | — | Mar 8, 2024 | Common Stock, without par value | 227,937 | 227,937 | D |
| Dividend Equivalent RightsF3 | — | Mar 9, 2017 | M | 668 | D | — | — | Common Stock, without par value | 668 | 1,982 | D |
| Restricted Stock UnitF4,F8 | — | Mar 9, 2017 | M | 21,753 | D | — | Mar 9, 2019 | Common Stock, without par value | 21,753 | 43,505 | D |
Explanation of responses
- F1Shares owned by trusts as to which Mr. Schottenstein or his spouse serve as trustee of various family trusts.
- F2Shares are held by a limited liability company, the members of which are trusts in which Mr. Schottenstein's wife is the sole trustee.
- F3The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock.
- F4Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock.
- F5Vests in 2018 upon Board certification of earnings.
- F6Vested March 8, 2017 upon Board certification of earnings.
- F7Option vests 1/3 per year beginning on the first anniversary of the date of grant.
- F8The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.