Peter Zaffino - Dec 8, 2023 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 8, 2023
Transactions value $
-$2,738,433
Form type
4
Date filed
12/12/2023, 05:03 PM
Previous filing
Oct 3, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction AIG Common Stock Options Exercise $0 +85.4K +27.58% $0.00 395K Dec 8, 2023 Direct F1
transaction AIG Common Stock Tax liability -$2.74M -41.8K -10.58% $65.53 353K Dec 8, 2023 Direct

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 Restricted Stock Units Options Exercise $0 -85.4K -33.33% $0.00 171K Dec 8, 2023 Common Stock 85.4K Direct F1, F2

Explanation of Responses:

Id Content
F1 Represents AIG Common Stock underlying the first tranche of Restricted Stock Units ("RSUs") (including related dividend equivalent rights in the form of RSUs) granted on December 8, 2020, that vested on December 8, 2023. The remaining tranches will vest on December 8, 2024 and December 8, 2025, subject to the reporting person's continued employment through the applicable vesting date. The reported amount includes 1,798 dividend equivalent rights that vested in the form of additional RSUs. These additional RSUs represent one third of the dividend equivalent rights that were previously reported on Forms 4 on December 30, 2020, April 1, 2021, and July 1, 2021.
F2 The securities convert to AIG Common Stock on a 1-to-1 basis.