Derek J. Kerr - Feb 24, 2022 Form 4 Insider Report for American Airlines Group Inc. (AAL)

Signature
/s/ Caroline B. Ray, attorney-in-fact
Stock symbol
AAL
Transactions as of
Feb 24, 2022
Transactions value $
$0
Form type
4
Date filed
2/28/2022, 04:30 PM
Previous filing
Feb 22, 2022
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAL Common Stock Award $0 +153K +34.15% $0.00 601K Feb 24, 2022 Direct F1
holding AAL Common Stock 200K Feb 24, 2022 By the Derek J. Kerr 2021 Grantor Retained Annuity Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Unit award that vests over three years, with 40 percent of the grant vesting based on continued service through the first anniversary of the grant date, 10 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.