Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AIG | Common Stock | Options Exercise | $0 | +46.3K | +33.34% | $0.00 | 185K | Feb 22, 2022 | Direct | F1 |
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 | +33K | $0.00 | 33K | Feb 22, 2022 | Common Stock | 33K | Direct | F2, F3 | ||
transaction | AIG | Recognition Restricted Stock Units | Award | $0 | +16.5K | $0.00 | 16.5K | Feb 22, 2022 | Common Stock | 16.5K | Direct | F2, F4 |
Id | Content |
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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 Restricted Stock Units (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 Recognition Restricted Stock Units (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. |