Jay L. Schottenstein - Mar 30, 2023 Form 4 Insider Report for AMERICAN EAGLE OUTFITTERS INC (AEO)

Signature
Robert J. Tannous, Attorney-in-Fact
Stock symbol
AEO
Transactions as of
Mar 30, 2023
Transactions value $
-$163,453
Form type
4
Date filed
4/3/2023, 05:12 PM
Previous filing
Mar 28, 2023
Next filing
Apr 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEO Common Stock, without par value Options Exercise $0 +30.6K +1.93% $0.00 1.61M Mar 30, 2023 Direct
transaction AEO Common Stock, without par value Tax liability -$163K -12.4K -0.77% $13.17 1.6M Mar 30, 2023 Direct
holding AEO Common Stock, without par value 2.61M Mar 30, 2023 By Schottenstein SEI, LLC
holding AEO Common Stock, without par value 2.97M Mar 30, 2023 By SEI, Inc.
holding AEO Common Stock, without par value 8.03M Mar 30, 2023 By Trusts F1
holding AEO Common Stock, without par value 402K Mar 30, 2023 Limited Liability Company 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 AEO Dividend Equivalent Rights Options Exercise $0 -443 -16.86% $0.00 2.19K Mar 30, 2023 Common Stock, without par value 443 Direct F3
transaction AEO Restricted Stock Unit Options Exercise $0 -30.2K -33.33% $0.00 60.3K Mar 30, 2023 Common Stock, without par value 30.2K Direct F4, F5
transaction AEO Restricted Stock Unit Award $0 +126K $0.00 126K Mar 30, 2023 Common Stock, without par value 126K Direct F4, F5
transaction AEO Stock Option - Right to Buy Award $0 +469K $0.00 469K Mar 30, 2023 Common Stock, without par value 469K $13.17 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by trusts as to which Mr. Schottenstein or his spouse serve as trustee of various family trusts.
F2 Shares are held by a limited liability company, the members of which are trusts in which Mr. Schottenstein's wife is the sole trustee.
F3 The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock.
F4 Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock.
F5 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.
F6 Option vests 1/3 per year beginning on the first anniversary of the date of grant.