4//SEC Filing
Dummer Arthur Oleen 4
Accession 0000899243-21-018134
CIK 0001801075other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 4:41 PM ET
Size
12.3 KB
Accession
0000899243-21-018134
Insider Transaction Report
Form 4
Dummer Arthur Oleen
Director
Transactions
- Exercise/Conversion
Common Stock
2021-05-01+750→ 7,850 total - Exercise/Conversion
Restricted Stock Units
2021-05-01−750→ 0 totalFrom: 2021-05-01Exp: 2021-05-01→ Common Stock (750 underlying) - Disposition to Issuer
Common Stock
2021-05-01$112.57/sh−750$84,428→ 7,100 total - Award
Restricted Stock Units
2021-05-03+927→ 927 totalFrom: 2022-05-02Exp: 2022-05-02→ Common Stock (927 underlying)
Footnotes (4)
- [F1]This transaction represents the settlement of vested restricted stock units solely in cash based upon the unweighted average of the closing prices of the Issuer's common stock on the twenty trading days immediately preceding the vesting date of May 1, 2021. Solely for reporting purposes herein, such settlement is treated as a simultaneous acquisition and disposition of the underlying common stock. No shares of the Issuer's common stock, or any other securities of the Issuer, were issued in settlement of these restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive, upon vesting, cash in an amount equal to the unweighted average of the closing prices of the Issuer's common stock on the twenty trading days immediately preceding the vesting date. No shares of the Issuer's common stock, or any other securities of the Issuer, are issuable in settlement of these restricted stock units.
- [F3]These restricted stock units vested on May 1, 2021, as described in note 1 above.
- [F4]These restricted stock units will vest and be settled in cash on May 2, 2022, or earlier upon the reporting person's retirement, death or disability, or upon a change of control of the Issuer, as set forth in the reporting person's restricted stock unit agreement with the Issuer. On April 22, 2021, the Issuer's Board of Directors authorized a grant to each director and advisory director of a number of restricted stock units equal in value to $105,000, with the number of units to be based upon the closing price of the Issuer's common stock on April 30, 2021, rounded up to the nearest whole number.
Documents
Issuer
American National Group Inc
CIK 0001801075
Entity typeother
Related Parties
1- filerCIK 0001467691
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 4:41 PM ET
- Size
- 12.3 KB