Nicholas K. Akins - 20 Feb 2023 Form 4 Insider Report for AMERICAN ELECTRIC POWER CO INC (AEP)

Role
CEO
Signature
/s/ David C. House, Attorney-in-Fact for Nicholas K. Akins
Issuer symbol
AEP
Transactions as of
20 Feb 2023
Net transactions value
-$271,006
Form type
4
Filing time
22 Feb 2023, 13:55:35 UTC
Previous filing
29 Nov 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEP Restricted Stock Units Award $0 +21,643 +16% $0.000000 153,507 20 Feb 2023 Direct F1
transaction AEP Restricted Stock Units Tax liability $271,006 -2,983 -1.9% $90.85 150,524 21 Feb 2023 Direct F2
holding AEP Common Stock 22,330 20 Feb 2023 Indirect F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive AEP common stock upon vesting. The restricted stock units vest in three equal installments on February 21, 2024, February 21, 2025 and February 21, 2026.
F2 A portion of the reporting person's restricted stock units (9,960) granted on February 21, 2022 vested on February 21, 2023. Upon vesting, 2,983 restricted stock units were withheld to satisfy the reporting person's tax liability.
F3 These shares are held by a trust for the benefit of the reporting person's spouse, of which the reporting person's spouse is the trustee. The reporting person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.