4//SEC Filing
KERR DEREK J 4
Accession 0001225208-20-002994
CIK 0000006201other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:55 PM ET
Size
8.4 KB
Accession
0001225208-20-002994
Insider Transaction Report
Form 4
KERR DEREK J
Executive VP & CFO
Transactions
- Tax Payment
Common Stock
2020-02-19$28.33/sh−6,489$183,833→ 610,430 total - Award
Common Stock
2020-02-18+101,222→ 616,919 total - Tax Payment
Common Stock
2020-02-20$28.51/sh−2,144$61,125→ 608,286 total
Footnotes (3)
- [F1]Restricted Stock Unit award that vests over three years, with 33.33 percent of the grant vesting based on continued service through the first anniversary of the grant date, 16.67 percent of the grant vesting based on continued service through the second anniversary of the grant date, and 50 percent of the grant vesting in the event certain three-year performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between fifty percent and two hundred percent of the number of Restricted Stock Units depending on relative performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.
- [F2]On December 20, 2019, 50,000 shares held in the Derek J Kerr GRAT that were previously shown as indirectly owned were distributed to the Reporting Person as an annuity payment and are shown as directly owned.
- [F3]Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units.
Documents
Issuer
American Airlines Group Inc.
CIK 0000006201
Entity typeother
Related Parties
1- filerCIK 0001249565
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:55 PM ET
- Size
- 8.4 KB