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Share-based Compensation
12 Months Ended
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Compensation Share-based Compensation
The 2013 AAG Incentive Award Plan (the 2013 Plan) provides that awards may be in the form of an option, restricted stock award, restricted stock unit award, performance award, dividend equivalent award, deferred stock award, deferred stock unit award, stock payment award or stock appreciation right. The 2013 Plan initially authorized the grant of awards for the issuance of up to 40 million shares. Any shares underlying awards granted under the 2013 Plan that are forfeited, terminate or are settled in cash (in whole or in part) without the delivery of shares will again be available for grant.
For the years ended December 31, 2021, 2020 and 2019, we recorded $98 million, $91 million and $95 million, respectively, of share-based compensation costs principally in salaries, wages and benefits expense on our consolidated statements of operations.
During 2021, 2020 and 2019, we withheld approximately 1.0 million, 0.7 million and 0.8 million shares of AAG common stock, respectively, and paid approximately $18 million, $15 million and $25 million, respectively, in satisfaction of certain tax withholding obligations associated with employee equity awards.
Restricted Stock Unit Awards (RSUs)
The majority of our RSUs have service conditions (time vested primarily over three years). The grant-date fair value of these RSUs is equal to the market price of the underlying shares of AAG common stock on the date of grant. The expense for these RSUs is recognized on a straight-line basis over the vesting period for the entire award. RSUs are classified as equity awards as the vesting results in the issuance of shares of AAG common stock.
RSU award activity for all plans for the years ended December 31, 2021, 2020 and 2019 is as follows:
Number of SharesWeighted Average Grant Date Fair Value
 (In thousands) 
Outstanding at December 31, 20184,320 $44.29 
Granted3,206 34.00 
Vested and released(2,002)44.90 
Forfeited(337)42.55 
Outstanding at December 31, 20195,187 $37.01 
Granted5,883 22.07 
Vested and released(2,268)39.46 
Forfeited(920)29.78 
Outstanding at December 31, 20207,882 $23.66 
Granted5,525 18.34 
Vested and released(3,314)25.58 
Forfeited(692)18.78 
Outstanding at December 31, 20219,401 $20.17 
As of December 31, 2021, there was $99 million of unrecognized compensation cost related to RSUs. These costs are expected to be recognized over a weighted average period of one year. The total fair value of RSUs vested during the years ended December 31, 2021, 2020 and 2019 was $62 million, $51 million and $68 million, respectively.
American Airlines, Inc.  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Compensation Share-based Compensation
The 2013 AAG Incentive Award Plan (the 2013 Plan) provides that awards may be in the form of an option, restricted stock award, restricted stock unit award, performance award, dividend equivalent award, deferred stock award, deferred stock unit award, stock payment award or stock appreciation right. The 2013 Plan initially authorized the grant of awards for the issuance of up to 40 million shares. Any shares underlying awards granted under the 2013 Plan that are forfeited, terminate or are settled in cash (in whole or in part) without the delivery of shares will again be available for grant.
For the years ended December 31, 2021, 2020 and 2019, American recorded $95 million, $91 million and $95 million, respectively, of share-based compensation costs principally in salaries, wages and benefits expense on its consolidated statements of operations.
During 2021, 2020 and 2019, AAG withheld approximately 1.0 million, 0.7 million and 0.8 million shares of AAG common stock, respectively, and paid approximately $18 million, $15 million and $25 million, respectively, in satisfaction of certain tax withholding obligations associated with employee equity awards.
Restricted Stock Unit Awards (RSUs)
The majority of American’s RSUs have service conditions (time vested primarily over three years). The grant-date fair value of these RSUs is equal to the market price of the underlying shares of AAG common stock on the date of grant. The expense for these RSUs is recognized on a straight-line basis over the vesting period for the entire award. RSUs are classified as equity awards as the vesting results in the issuance of shares of AAG common stock.
RSU award activity for all plans for the years ended December 31, 2021, 2020 and 2019 is as follows:
Number of SharesWeighted Average Grant Date Fair Value
 (In thousands) 
Outstanding at December 31, 20184,320 $44.29 
Granted3,206 34.00 
Vested and released(2,002)44.90 
Forfeited(337)42.55 
Outstanding at December 31, 20195,187 $37.01 
Granted5,883 22.07 
Vested and released(2,268)39.46 
Forfeited(920)29.78 
Outstanding at December 31, 20207,882 $23.66 
Granted5,525 18.34 
Vested and released(3,314)25.58 
Forfeited(692)18.78 
Outstanding at December 31, 20219,401 $20.17 
As of December 31, 2021, there was $95 million of unrecognized compensation cost related to RSUs. These costs are expected to be recognized over a weighted average period of one year. The total fair value of RSUs vested during the years ended December 31, 2021, 2020 and 2019 was $62 million, $51 million and $68 million, respectively.