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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 05/01/2019 | M | 9,985 | 05/01/2019 | 05/01/2019 | Common Stock | 9,985 | (4) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Akins Nicholas K AMERICAN ELECTRIC POWER 1 RIVERSIDE PLAZA COLUMBUS, OH 43215 |
President, CEO |
/s/ Thomas G. Berkemeyer, Attorney-in-Fact for Nicholas K. Akins | 05/02/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | A portion of Mr. Akins' restricted stock units (9,985) that were granted on 2/23/2016 vested on 5/1/2019. Upon vesting, 4,528 restricted stock units were withheld to satisfy the reporting person's tax liability and the remaining restricted stock units were settled in cash. |
(2) | A portion of Mr. Akins' restricted stock units (10,435) that were granted on 2/20/2017 vested on 5/1/2019. Upon vesting, 4,733 restricted stock units were withheld to satisfy the reporting person's tax liability. |
(3) | A portion of Mr. Akins' restricted stock units (9,974 )that were granted on 2/20/2017 vested on 5/1/2019. Upon vesting, 4,524 restricted stock units were withheld to satisfy the reporting person's tax liability. |
(4) | Value is based on 20 day average stock closing price. |
(5) | Value is based on closing price of the stock. |
(6) | Sold pursuant to a 10b5-1 Plan executed on November 29, 2018. |
(7) | This transaction was executed in multiple trades at prices ranging from $84.72 to $85.20. The price reported above reflects the weighted average sale 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 and prices at which the transaction was effected. |