Peter R. Porrino - Jan 3, 2023 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
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 03:11 PM
Previous filing
Oct 5, 2022
Next filing
Apr 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 +655 +2.13% 31.4K Jan 3, 2023 Common Stock 655 Direct F1, F2
transaction AIG Deferred Stock Unit Award +154 +0.49% 31.5K Jan 3, 2023 Common Stock 154 Direct F2, F3
* 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 annual 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 2013 Omnibus Incentive Plan (the "2013 Plan") and the 2021 Plan.
F3 This award represents dividend equivalent rights in the form of DSUs with respect to DSUs previously awarded under the 2013 Plan and 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.