Luciana Fato - Feb 22, 2022 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: Feb 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/24/2022, 03:18 PM
Previous filing: Jan 19, 2022
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIG	Common Stock	Options Exercise	$0	+45.2K	+106.86%	$0.00	87.4K	Feb 22, 2022	Direct	F1

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	2022 Restricted Stock Units	Award	$0	+13.6K		$0.00	13.6K	Feb 22, 2022	Common Stock	13.6K		Direct	F2, F3
transaction	AIG	2022 Stock Options (Right to Buy)	Award	$0	+50.2K		$0.00	50.2K	Feb 22, 2022	Common Stock	50.2K	$61.61	Direct	F4
transaction	AIG	Recognition Restricted Stock Units	Award	$0	+49.5K		$0.00	49.5K	Feb 22, 2022	Common Stock	49.5K		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The acquisition of shares of AIG Common Stock represents the vesting of performance share units previously awarded to the reporting person in 2019 (2019 PSUs). The 2019 PSUs were earned as determined by AIG's Compensation and Management Resources Committee on February 22, 2022 based on pre-established performance goals for the three-year performance period ended December 31, 2021. The earned 2019 PSUs vested on January 1, 2022, and are settled in shares of AIG Common Stock on a 1-to-1 basis.
F2	The 2022 Restricted Stock Units (2022 RSUs) and the Recognition Restricted Stock Units (Recognition RSUs) convert to AIG Common Stock on a 1-to-1 basis.
F3	Represents the grant of 2022 RSUs. One third of the 2022 RSUs vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date, and such 2022 RSUs are settled in shares of AIG Common Stock.
F4	Represents the grant of 2022 Stock Options. One third of the 2022 Stock Options vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date.
F5	Represents the grant of Recognition RSUs. One third of the Recognition RSUs vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date, and such Recognition RSUs are settled in shares of AIG Common Stock.