Derek J. Kerr - Feb 24, 2022 Form 4 Insider Report for American Airlines Group Inc. (AAL)

Role: Executive VP and CFO
Signature: /s/ Caroline B. Ray, attorney-in-fact
Stock symbol: AAL
Transactions as of: Feb 24, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/28/2022, 04:30 PM
Previous filing: Feb 22, 2022
Next filing: Mar 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAL	Common Stock	Award	$0	+153K	+34.15%	$0.00	601K	Feb 24, 2022	Direct	F1
holding	AAL	Common Stock						200K	Feb 24, 2022	By the Derek J. Kerr 2021 Grantor Retained Annuity Trust

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

Explanation of Responses:

Id	Content
F1	Restricted Stock Unit award that vests over three years, with 40 percent of the grant vesting based on continued service through the first anniversary of the grant date, 10 percent of the grant vesting based on continued service through the second anniversary of the grant date, and 50 percent of the grant vesting in the event certain three-year performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between fifty percent and two hundred percent of the number of Restricted Stock Units depending on relative performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Content

Restricted Stock Unit award that vests over three years, with 40 percent of the grant vesting based on continued service through the first anniversary of the grant date, 10 percent of the grant vesting based on continued service through the second anniversary of the grant date, and 50 percent of the grant vesting in the event certain three-year performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between fifty percent and two hundred percent of the number of Restricted Stock Units depending on relative performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.