Peter Zaffino - 29 Dec 2022 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
Chairman & CEO, Director
Signature
/s/ Ariel R. David, attorney-in-fact
Issuer symbol
AIG
Transactions as of
29 Dec 2022
Net transactions value
$0
Form type
4
Filing time
03 Jan 2023, 19:14:54 UTC
Previous filing
15 Nov 2022
Next filing
18 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIG Common Stock Options Exercise $0 +60,164 +43% $0.000000 199,376 01 Jan 2023 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 November 2022 Dividend Equivalent Rights Award +4,448 4,448 29 Dec 2022 Common Stock 4,448 Direct F2
transaction AIG 2020 Restricted Stock Units Options Exercise $0 -60,164 -100% $0.000000* 0 01 Jan 2023 Common Stock 60,164 Direct F1, F3
* 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 2020 Restricted Stock Units ("2020 RSUs") (including related dividend equivalent rights in the form of 2020 RSUs) that vested on January 1, 2023 and are settled in shares of AIG Common Stock.
F2 This award represents dividend equivalent rights accrued in the form of additional November 2022 RSUs, which RSUs were previously awarded to the reporting person on November 10, 2022 and reported on a Form 4 on November 15, 2022. The dividend equivalent rights will vest on the same schedule as the November 2022 RSUs and will be settled in cash upon vesting.
F3 The securities convert to AIG Common Stock on a 1-to-1 basis.