Jay L. Schottenstein - Mar 28, 2024 Form 4 Insider Report for AMERICAN EAGLE OUTFITTERS INC (AEO)

Signature
Robert J. Tannous, Attorney-in-Fact
Stock symbol
AEO
Transactions as of
Mar 28, 2024
Transactions value $
-$774,499
Form type
4
Date filed
4/1/2024, 05:10 PM
Previous filing
Mar 26, 2024
Next filing
Apr 8, 2024

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 +74.6K +4.34% $0.00 1.79M Mar 28, 2024 Direct
transaction AEO Common Stock, without par value Tax liability -$774K -30K -1.68% $25.79 1.76M Mar 28, 2024 Direct
holding AEO Common Stock, without par value 2.61M Mar 28, 2024 By Schottenstein SEI, LLC
holding AEO Common Stock, without par value 2.97M Mar 28, 2024 By SEI, Inc.
holding AEO Common Stock, without par value 8.03M Mar 28, 2024 By Trusts F1
holding AEO Common Stock, without par value 402K Mar 28, 2024 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 -2.43K -34.39% $0.00 4.64K Mar 28, 2024 Common Stock, without par value 2.43K Direct F3
transaction AEO Restricted Stock Unit Options Exercise $0 -30.2K -50% $0.00 30.2K Mar 28, 2024 Common Stock, without par value 30.2K Direct F4, F5
transaction AEO Restricted Stock Unit Options Exercise $0 -42K -33.33% $0.00 84K Mar 28, 2024 Common Stock, without par value 42K Direct F4, F5
* 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.