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

Role
Chairman & CEO, Director
Signature
/s/ Ariel R. David, attorney-in-fact
Stock symbol
AIG
Transactions as of
Dec 29, 2022
Transactions value $
$0
Form type
4
Date filed
1/3/2023, 07:14 PM
Previous filing
Nov 15, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIG Common Stock Options Exercise $0 +60.2K +43.22% $0.00 199K Jan 1, 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 +4.45K 4.45K Dec 29, 2022 Common Stock 4.45K Direct F2
transaction AIG 2020 Restricted Stock Units Options Exercise $0 -60.2K -100% $0.00* 0 Jan 1, 2023 Common Stock 60.2K 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.