W. Don Cornwell - Oct 3, 2022 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
Director
Signature
/s/ Ariel R. David, attorney-in-fact
Stock symbol
AIG
Transactions as of
Oct 3, 2022
Transactions value $
$0
Form type
4
Date filed
10/5/2022, 04:15 PM
Previous filing
Jul 6, 2022
Next filing
Jan 5, 2023

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 +247 +0.63% 39.4K Oct 3, 2022 Common Stock 247 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award represents dividend equivalent rights in the form of deferred stock units ("DSUs") with respect to DSUs previously awarded under the American International Group, Inc. ("AIG") 2010 Stock Incentive Plan (the "2010 Plan"), the AIG 2013 Omnibus Incentive Plan (the "2013 Plan") and the AIG 2021 Omnibus Incentive Plan (the "2021 Plan"). Subject to the terms of such plans and the related award agreements, these DSUs will vest -- along with the underlying previously awarded DSUs, 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.
F2 Reflects DSUs previously granted pursuant to the 2010 Plan, the 2013 Plan and the 2021 Plan.