Douglas M. Steenland - May 11, 2022 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role: Director
Signature: /s/ Alanna Franco, attorney-in-fact
Stock symbol: AIG
Transactions as of: May 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/13/2022, 04:24 PM
Previous filing: Apr 5, 2022
Next filing: May 24, 2022

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	Deferred Stock Unit	Award		+3.16K	+8.77%		39.1K	May 11, 2022	Common Stock	3.16K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	These deferred stock units ("DSUs") were awarded pursuant to the American International Group, Inc. ("AIG") 2021 Omnibus Incentive Plan (the "2021 Plan") in connection with the reporting person's compensation for service as a non-employee director. Subject to the terms of the 2021 Plan and the related award agreement, these DSUs will vest, without any cash consideration or conditions, and will be settled in shares of AIG common stock on a 1-to-1 basis on the last trading day of the month in which the director's service on the AIG Board of Directors ends, unless the director has elected to defer the vesting date. This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs.
F2	Reflects DSUs previously granted pursuant to the AIG 2010 Stock Incentive Plan, the AIG 2013 Omnibus Incentive Plan and the 2021 Plan.

Content

These deferred stock units ("DSUs") were awarded pursuant to the American International Group, Inc. ("AIG") 2021 Omnibus Incentive Plan (the "2021 Plan") in connection with the reporting person's compensation for service as a non-employee director. Subject to the terms of the 2021 Plan and the related award agreement, these DSUs will vest, without any cash consideration or conditions, and will be settled in shares of AIG common stock on a 1-to-1 basis on the last trading day of the month in which the director's service on the AIG Board of Directors ends, unless the director has elected to defer the vesting date. This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs.

Reflects DSUs previously granted pursuant to the AIG 2010 Stock Incentive Plan, the AIG 2013 Omnibus Incentive Plan and the 2021 Plan.