Peter Zaffino - Dec 8, 2024 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Role
Chairman & CEO, Director
Signature
/s/ Christina Banthin, by POA from Peter Zaffino
Stock symbol
AIG
Transactions as of
Dec 8, 2024
Transactions value $
-$3,095,729
Form type
4
Date filed
12/10/2024, 04:50 PM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIG Common Stock Options Exercise $0 +85.4K +17.38% $0.00 577K Dec 8, 2024 Direct F1
transaction AIG Common Stock Tax liability -$3.1M -41.8K -7.24% $74.08 535K Dec 8, 2024 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 -50% $0.00 85.4K Dec 8, 2024 Common Stock 85.4K 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 second tranche of Restricted Stock Units ("RSUs") granted on December 8, 2020 that vested on December 8, 2024. The final tranche will vest on December 8, 2025, subject to Mr. Zaffino's continued employment until that date. The reported amount also 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.