Welch Dennis E 4
4 · AMERICAN ELECTRIC POWER CO INC · Filed May 3, 2013
Insider Transaction Report
Form 4
Welch Dennis E
Executive Vice President
Transactions
- Tax Payment
Common Stock
2013-05-01$51.23/sh−1,503$76,999→ 7,486 total - Tax Payment
Common Stock
2013-05-01$51.23/sh−5,395$276,386→ 5,855 total
Footnotes (3)
- [F1]A portion of Mr. Welch's restricted stock units (11,250.1) that were granted on 1/1/2011 vested on 5/1/2013. Upon vesting, 5,395 restricted stock units were withheld to satisfy the reporting person's tax liability.
- [F2]A portion of Mr. Welch's restricted stock units (3,133.87) that were granted on 1/25/2012 vested on 5/1/2013. Upon vesting, 1,503 restricted stock units were withheld to satisfy the reporting person's tax liability.
- [F3]Value is based on share price of $51.23 which was the closing price of the stock.