Axel Andre - Sep 21, 2023 Form 4 Insider Report for AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (AEL)

Role
Chief Financial Officer
Signature
/s/ Mark A. Schuman, authorized signer
Stock symbol
AEL
Transactions as of
Sep 21, 2023
Transactions value $
-$630,081
Form type
4
Date filed
9/22/2023, 02:23 PM
Previous filing
Feb 27, 2023
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEL Common Stock Options Exercise $947K +29.3K +213.05% $32.35 43K Sep 21, 2023 Direct
transaction AEL Common Stock Sale -$1.58M -29.3K -68.06% $53.87 13.7K Sep 21, 2023 Direct F1
holding AEL Common Stock 813 Sep 21, 2023 By ESOP F2

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 -29.3K -66.67% $0.00 14.6K Sep 21, 2023 Common Stock 29.3K $32.35 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 $53.745 to $53.98. 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 Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.
F3 An award of stock options pursuant to the American Equity Investment Life Holding Company Amended and Restated Equity Incentive Plan, 1/3 of which vest one year from date of grant; 1/3 vest two years from date of grant and 1/3 vest three years from date of grant. One-half of these options became exercisable on September 7, 2022, and the other half became exercisable on September 07, 2023.