American Airlines Group Inc (AAL)

[junkmanlong1]

rocco2,

There is a cap just not sure who gets the extra shares above the cap. Maybe Labor Union.


1.204 Shares in Excess of Cap means, with respect to any Mandatory Conversion Date, a number of shares of New Common Stock equal to the sum of the Mandatory Shares in Excess of Cap and the Optional Shares in Excess of Cap.

JML