Jeffrey D. Lorenzen - 20 Dec 2023 Form 4 Insider Report for AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (ANG-PB)

Role
Executive VP-Chief Inv Officer
Signature
/s/ Jeffrey D. Lorenzen
Issuer symbol
ANG-PB
Transactions as of
20 Dec 2023
Net transactions value
-$1,492,600
Form type
4
Filing time
21 Dec 2023, 21:46:24 UTC
Previous filing
25 Sep 2023
Next filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEL Common Stock Options Exercise $0 +26,884 +87% $0.000000 57,784 20 Dec 2023 Direct F1, F2
transaction AEL Common Stock Disposed to Issuer $1,492,600 -26,884 -47% $55.52 30,900 20 Dec 2023 Direct F1
holding AEL Common Stock 14,045 20 Dec 2023 By ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the accelerated vesting on December 20, 2023 at the actual level of performance of the performance-based restricted stock units in respect of the 2021-2023 performance period (2021 PSUs), granted by the Issuer pursuant to the American Equity Investment Life Holding Company Amended and Restated Equity Incentive Plan, as amended, and cash settlement of such award based on (i) the number of 2021 PSUs earned based on the actual level of performance multiplied by (ii) the closing price of the Issuer's common stock on December 20, 2023.
F2 Each 2021 PSU is the economic equivalent of one share of the Issuer's common stock.