Peter Zaffino - 08 Dec 2023 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
Chairman & CEO, Director
Signature
/s/ Ariel R. David, attorney-in-fact
Issuer symbol
AIG
Transactions as of
08 Dec 2023
Net transactions value
-$2,738,433
Form type
4
Filing time
12 Dec 2023, 17:03:55 UTC
Previous filing
03 Oct 2023
Next filing
18 Dec 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 +85,403 +28% $0.000000 395,032 08 Dec 2023 Direct F1
transaction AIG Common Stock Tax liability $2,738,433 -41,789 -11% $65.53 353,243 08 Dec 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 -85,403 -33% $0.000000 170,806 08 Dec 2023 Common Stock 85,403 Direct F1, F2
* 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 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.