John P. Repko - Feb 21, 2023 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role: EVP and Chief Info. Officer
Signature: /s/ Ariel R. David, attorney-in-fact
Stock symbol: AIG
Transactions as of: Feb 21, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/23/2023, 04:15 PM
Previous filing: Jan 18, 2023
Next filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIG	Common Stock	Options Exercise	$0	+46.8K	+208.14%	$0.00	69.2K	Feb 21, 2023	Direct	F1
transaction	AIG	Common Stock	Options Exercise	$0	+2.2K	+3.18%	$0.00	71.4K	Feb 22, 2023	Direct	F2

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	2023 Restricted Stock Units	Award	$0	+6.49K		$0.00	6.49K	Feb 21, 2023	Common Stock	6.49K		Direct	F3, F4
transaction	AIG	2023 Stock Options (Right to Buy)	Award	$0	+26.6K		$0.00	26.6K	Feb 21, 2023	Common Stock	26.6K	$59.72	Direct	F5
transaction	AIG	2022 Restricted Stock Units	Options Exercise	$0	-2.2K	-33.32%	$0.00	4.4K	Feb 22, 2023	Common Stock	2.2K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The acquisition of shares of AIG Common Stock represents the vesting of performance share units previously awarded to the reporting person in 2020 ("2020 PSUs"). The 2020 PSUs were earned as determined by AIG's Compensation and Management Resources Committee on February 21, 2023 based on pre-established performance goals for the three-year performance period ended December 31, 2022. The earned 2020 PSUs vested on January 1, 2023, and are settled in shares of AIG Common Stock on a 1-to-1 basis.
F2	Represents the first tranche of 2022 Restricted Stock Units ("2022 RSUs") granted on February 22, 2022 that vested on February 22, 2023. The remaining 2022 RSUs will vest in equal amounts on the second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date, and are settled in shares of AIG common stock.
F3	The securities convert to AIG Common Stock on a 1-to-1 basis.
F4	Represents the grant of 2023 Restricted Stock Units ("2023 RSUs"). One third of the 2023 RSUs vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date, and such 2023 RSUs are settled in shares of AIG Common Stock.
F5	Represents the grant of 2023 Stock Options. One third of the 2023 Stock Options vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date.