Aaron Boushek - Feb 23, 2024 Form 4 Insider Report for AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (AEL)

Role
Controller
Signature
/s/ Aaron Boushek
Stock symbol
AEL
Transactions as of
Feb 23, 2024
Transactions value $
-$83,203
Form type
4
Date filed
2/27/2024, 04:47 PM
Previous filing
Oct 12, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEL Common Stock Tax liability -$8.39K -151 -3.11% $55.58 4.71K Feb 23, 2024 Direct F1
transaction AEL Common Stock Tax liability -$19.7K -354 -7.52% $55.58 4.35K Feb 25, 2024 Direct F1
transaction AEL Common Stock Options Exercise $0 +992 +22.79% $0.00 5.35K Feb 25, 2024 Direct F2, F3
transaction AEL Common Stock Disposed to Issuer -$55.1K -992 -18.56% $55.58 4.35K Feb 25, 2024 Direct F2
holding AEL Common Stock 2.36K Feb 23, 2024 By ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tax withholding on vesting of time-based restricted stock units.
F2 Represents the vesting of 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 February 23, 2024.
F3 Each 2021 PSU is the economic equivalent of one share of the Issuer's common stock.