Johnson Ted Morris 4
4 · AMERICAN EQUITY INVESTMENT LIFE HOLDING CO · Filed Nov 23, 2020
Insider Transaction Report
Form 4
Johnson Ted Morris
Vice President-Controller
Transactions
- Award
Options - Right to Buy
2020-11-19+49,565→ 49,565 totalExercise: $27.05From: 2021-11-19Exp: 2030-11-19→ Common Stock (49,565 underlying)
Footnotes (1)
- [F1]Fifty percent (50%) of the Option Award granted vests upon the later of: (i) the Company attaining a $37.00 per share common stock price (based on a 30-day trading average); and (ii) the one year anniversary of the Grant Date. The remaining fifty percent (50%) of the Option Award vests on the one year anniversary of the vesting of the initial fifty percent (50%) of the Option Award. If the Company does not achieve the $37 per share common stock price on or before the fifth anniversary of the Grant Date, the Option Award shall be forfeited.