Claude E. Wade - 21 Feb 2023 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
EVP, Hd of Ops & Chief Dig Off
Signature
/s/ Ariel R. David, attorney-in-fact
Issuer symbol
AIG
Transactions as of
21 Feb 2023
Net transactions value
$0
Form type
4
Filing time
23 Feb 2023, 16:15:58 UTC
Previous filing
18 Jan 2023
Next filing
02 Mar 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 +2,064 +38% $0.000000 7,544 22 Feb 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 2023 Restricted Stock Units Award $0 +6,081 $0.000000 6,081 21 Feb 2023 Common Stock 6,081 Direct F2, F3
transaction AIG 2023 Stock Options (Right to Buy) Award $0 +24,900 $0.000000 24,900 21 Feb 2023 Common Stock 24,900 $59.72 Direct F4
transaction AIG 2022 Restricted Stock Units Options Exercise $0 -2,064 -33% $0.000000 4,128 22 Feb 2023 Common Stock 2,064 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The securities convert to AIG Common Stock on a 1-to-1 basis.
F3 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.
F4 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.