Anant Bhalla - Sep 20, 2023 Form 4 Insider Report for AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (AEL)

Role
CEO & President, Director
Signature
/s/ Mark A. Schuman, authorized signer
Stock symbol
AEL
Transactions as of
Sep 20, 2023
Transactions value $
-$4,960,088
Form type
4
Date filed
9/21/2023, 07:25 PM
Previous filing
Sep 20, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEL Common Stock Options Exercise $3.77M +139K +13.55% $27.05 1.17M Sep 20, 2023 Direct
transaction AEL Common Stock Options Exercise $1.17M +43.9K +3.76% $26.72 1.21M Sep 20, 2023 Direct
transaction AEL Common Stock Sale -$9.9M -183K -15.12% $54.05 1.03M Sep 20, 2023 Direct F1
holding AEL Common Stock 2.08K Sep 20, 2023 By ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AEL Options - Right to Buy Options Exercise $0 -139K -100% $0.00* 0 Sep 20, 2023 Common Stock 139K $27.05 Direct F2
transaction AEL Options - Right to Buy Options Exercise $0 -43.9K -50.23% $0.00 43.5K Sep 20, 2023 Common Stock 43.9K $26.72 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $54.00 to $54.235. The price reported in column 4 is an average 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 sold and the prices at which the transactions were settled.
F2 Fifty percent (50%) of the option award granted vested on January 2, 2022, upon the performance of certain company objectives. The remaining fifty percent (50%) of the option award vested on the one year anniversary of the vesting of the initial fifty percent (50%) of the option award.
F3 Fifty percent (50%) of the option award granted vested on January 4, 2022, upon the performance of certain company objectives. The remaining fifty percent (50%) of the option award vested on the one year anniversary of the vesting of the initial fifty percent (50%) of the option award.