Luciana Fato - Sep 10, 2021 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
EVP, GC, Comms & Govt Affairs
Signature
/s/ Alanna Franco, attorney-in-fact
Stock symbol
AIG
Transactions as of
Sep 10, 2021
Transactions value $
-$555,444
Form type
4
Date filed
9/14/2021, 04:20 PM
Previous filing
Jul 1, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIG Common Stock Options Exercise $0 +17.6K +61.42% $0.00 46.2K Sep 10, 2021 Direct F1
transaction AIG Common Stock Tax liability -$555K -10.1K -21.83% $55.12 36.1K Sep 13, 2021 Direct F2, F3

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 AIG Restricted Stock Units Options Exercise $0 -17.6K -50% $0.00 17.6K Sep 10, 2021 Common Stock 17.6K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents AIG Common Stock underlying the Restricted Stock Units (including related dividend equivalent rights in the form of Restricted Stock Units) granted on September 10, 2020 that vested on September 10, 2021. The remaining Restricted Stock Units (including any related dividend equivalent rights in the form of Restricted Stock Units) granted on September 10, 2020 vest on September 10, 2022, subject to the reporting person's continued employment through the vesting date, and are settled in shares of AIG Common Stock.
F2 Represents shares withheld for the payment of taxes in connection with the settlement in AIG Common Stock of the Restricted Stock Units (including dividend equivalent rights in the form of Restricted Stock Units) that vested on September 10, 2021.
F3 The number of shares withheld for taxes was determined based on local withholding requirements and was based on AIG's closing share price on September 13, 2021.
F4 The securities convert to AIG Common Stock on a 1-to-1 basis.