American Airlines Group Inc (AAL)

[junkmanlong1]

If they take the optional conversion shares from each of the same distributions such as the 1st 10 million optional shares come from the 1st mandatory shares(129 million shares) or if they take the optional shares from the 120 day mandatory conversion.


If they take the optional out the same mandatory.
1000 AAMRQ shares
AAL @$25
AAL shares per distribution
1st 106 AAL shares
2nd 104 AAL shares
3rd 103 AAL shares
4th 211 AAL shares

If they take the optional out of the 4th 120 day mandatory
1st 132
2nd 131
3rd 130
4th 129