Jonathan Hancock - 20 Feb 2024 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
EVP & CEO, Int'l Insurance
Signature
/s/ Linda B. Kalayjian, by POA from Jonathan Hancock
Issuer symbol
AIG
Transactions as of
20 Feb 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 16:30:03 UTC
Previous filing
17 Jan 2024
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIG Common Stock Award $0 +8,451 +18% $0.000000 55,855 20 Feb 2024 Direct F1
transaction AIG Common Stock Options Exercise $0 +6,490 +12% $0.000000 62,345 21 Feb 2024 Direct F2
transaction AIG Common Stock Options Exercise $0 +7,002 +11% $0.000000 69,347 22 Feb 2024 Direct F3

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 2024 Stock Options (Right to Buy) Award $0 +33,665 $0.000000 33,665 20 Feb 2024 Common Stock 33,665 $68.13 Direct F4
transaction AIG 2023 Restricted Stock Units Options Exercise $0 -6,490 -33% $0.000000 12,980 21 Feb 2024 Common Stock 6,490 Direct F2, F5
transaction AIG 2022 Restricted Stock Units Options Exercise $0 -7,002 -50% $0.000000 7,003 22 Feb 2024 Common Stock 7,002 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of 2024 Restricted Stock Units ("2024 RSUs"). Each 2024 RSU represents a contingent right to receive one share of AIG common stock upon vesting. The 2024 RSUs will vest ratably over three years on February 20, 2025, February 20, 2026 and February 20, 2027.
F2 Represents the first tranche of 2023 Restricted Stock Units ("2023 RSUs") granted on February 21, 2023 that vested on February 21, 2024. The remaining 2023 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 Represents the second tranche of 2022 Restricted Stock Units ("2022 RSUs") granted on February 22, 2022 that vested on February 22, 2024. The remaining 2022 RSUs will vest on the third anniversary of the grant date, subject to the reporting person's continued employment through the vesting date, and are settled in shares of AIG common stock.
F4 Represents the grant of 2024 Stock Options. One third of the 2024 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.
F5 The securities convert to AIG common stock on a 1-to-1 basis.

Remarks:

poajonathanhancock2024.txt