FOWKE BENJAMIN G S III 4
4 · AMERICAN ELECTRIC POWER CO INC · Filed Feb 27, 2024
Insider Transaction Report
Form 4
FOWKE BENJAMIN G S III
Director
Transactions
- Award
Common Stock
2024-02-26$82.45/sh+72,771$5,999,969→ 74,693.55 total
Holdings
- 3,774.82
Phantom Stock Units
Exercise: $0.00→ Common Stock (3,774.82 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of AEP common stock. These restricted stock units will vest subject to Mr. Fowke's continuous employment through the first to occur of February 26, 2025 or upon his replacement with a permanent chief executive officer.
- [F2]Was AEP Stock Price at the time of the transaction.
- [F3]The reporting director deferred the receipt of his $40,000 quarterly cash retainer into the AEP Stock Fund under the AEP Stock Unit Accumulation Plan for Non-Employee Directors. The reporting director may transfer amounts in the AEP Stock Fund into an alternative investment at any time.
- [F4]Stock Units are paid to the director in cash or shares upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.
- [F5]Includes units of reinvested dividends acquired pursuant to the dividend reinvestment feature of the Plan.