John B. Berding - Aug 11, 2021 Form 4 Insider Report for AMERICAN FINANCIAL GROUP INC (AFG)

Role: President of Subsidiary, Director
Signature: John B. Berding by: Karl J. Grafe, as Attorney-in-Fact
Stock symbol: AFG
Transactions as of: Aug 11, 2021
Transactions value $: -$996,787
Form type: 4
Date filed: 8/13/2021, 05:17 PM
Previous filing: Aug 9, 2021
Next filing: Sep 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFG	Common Stock	Options Exercise	$210K	+7K	+19.63%	$30.01	42.7K	Aug 13, 2021	Direct
transaction	AFG	Common Stock	Sale	-$943K	-7K	-16.41%	$134.74	35.7K	Aug 13, 2021	Direct	F1
holding	AFG	Common Stock						6.9K	Aug 11, 2021	By Trust
holding	AFG	Common Stock						4.16K	Aug 11, 2021	ESPP	F2
holding	AFG	Common Stock						19.7K	Aug 11, 2021	RASP 401(k)	F3
holding	AFG	Common Stock						1.05K	Aug 11, 2021	ESPP DRIP	F4

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	AFG	Phantom Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	-$264K	-1.95K	-100%	$135.27	0	Aug 11, 2021	Common Stock	1.95K		Direct	F5
transaction	AFG	Stock Option Exercise	Options Exercise	$0	-7K	-71.96%	$0.00	2.73K	Aug 13, 2021	Common Stock	7K	$30.01	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.3921 to $134.8421, inclusive. The reporting person undertakes to provide to American Financial Group, Inc., ("AFG"), any security holder of AFG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2	Shares owned by the reporting Person in the Issuer's Employee Stock Purchase Plan (the "ESPP"). All ESPP information reporting herein is based on a plan statement dated as of 12/31/2020.
F3	Represents amounts held by Reporting Person in a retirement plan of the Issuer based on a statement dated 12/31/2020.
F4	Represents ESPP DRIP shares previously reported as directly held and ESPP DRIP shares not previously reported. Shares reported reflect total ESPP DRIP shares held by reporting person as of the date of this filing.
F5	Each share of phantom stock is the economic equivalent of one share of AFG common stock. Shares of phantom stock are held in a retirement plan of the issuer and are payable in cash following the reporting person's termination of employment with AFG.
F6	These Employee Stock Options become exercisable in five equal installments beginning on the first anniversary of the grant date.