Hamalainen James Louis 4
4 · AMERICAN EQUITY INVESTMENT LIFE HOLDING CO · Filed Sep 20, 2023
Insider Transaction Report
Form 4
Hamalainen James Louis
EVP & CCSO, AEILIC
Transactions
- Sale
Common Stock
2023-09-19$54.11/sh−81,969$4,435,015→ 19,216 total - Exercise/Conversion
Options - Right to Buy
2023-09-19−66,463→ 0 totalExercise: $27.05From: 2022-01-02Exp: 2030-11-19→ Common Stock (66,463 underlying) - Exercise/Conversion
Common Stock
2023-09-19$27.05/sh+66,463$1,797,824→ 85,679 total - Exercise/Conversion
Common Stock
2023-09-19$27.40/sh+15,506$424,864→ 101,185 total - Exercise/Conversion
Options - Right to Buy
2023-09-19−15,506→ 7,753 totalExercise: $27.40From: 2022-02-25Exp: 2031-02-25→ Common Stock (15,506 underlying)
Holdings
- 1,370(indirect: By ESOP)
Common Stock
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $54.06 to $54.23. The price reported in column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold and the prices at which the transactions were settled.
- [F2]Fifty percent (50%) of the option award granted vested on January 2, 2022, upon the performance of certain company objectives. The remaining fifty percent (50%) of the option award vested on the one year anniversary of the vesting of the initial fifty percent (50%) of the option award.
- [F3]An award of stock options pursuant to the American Equity Investment Life Holding Company Amended and Restated Equity Incentive Plan, 1/3 of which vested one year from date of grant, 1/3 vested two years from date of grant, and the remaining 1/3 will vest three years from date of grant. One-half of these options became exercisable on February 25, 2022, and the other half became exercisable on February 25, 2023.