Douglas M. Steenland - 03 Apr 2023 Form 4 Insider Report for AMERICAN INTERNATIONAL GROUP, INC. (AIG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Apr 2023, 16:31:06 UTC
Prior SEC filing
04 Apr 2023
Next SEC filing
11 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Linda B. Kalayjian, attorney-in-fact

Key filing fact

Douglas M. Steenland filed Form 4 for AMERICAN INTERNATIONAL GROUP, INC. (AIG) on 05 Apr 2023.

Key facts

  • This page summarizes Douglas M. Steenland's Form 4 filing for AMERICAN INTERNATIONAL GROUP, INC. (AIG).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 05 Apr 2023, 16:31.

Change

  • Previous filing in this sequence was filed on 04 Apr 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AIG transaction Derivative

Deferred Stock Unit

Award

Transaction value
Shares
+619
Change %
+1.6%
Price
Shares after
40,442
Date
03 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
619
Exercise price
Footnotes
F1, F2
AIG transaction Derivative

Deferred Stock Unit

Award

Transaction value
Shares
+260
Change %
+0.64%
Price
Shares after
40,702
Date
03 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
260
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These deferred stock units ("DSUs") were awarded pursuant to the American International Group, Inc. ("AIG") 2021 Omnibus Incentive Plan (the "2021 Plan") in connection with the reporting person's annual compensation for service as a non-employee director. Subject to the terms of the 2021 Plan and the related award agreement, these DSUs will vest, without any cash consideration or conditions, and will be settled in shares of AIG common stock on a 1-to-1 basis on the last trading day of the month in which the director's service on the AIG Board of Directors ends, unless the director has elected to defer the vesting date. This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs.

Footnote F2

Reflects DSUs previously granted pursuant to the AIG 2010 Stock Incentive Plan (the "2010 Plan"), the AIG 2013 Omnibus Incentive Plan (the "2013 Plan") and the 2021 Plan.

Footnote F3

This award represents dividend equivalent rights in the form of DSUs with respect to DSUs previously awarded under the 2010 Plan, the 2013 Plan and the 2021 Plan. Subject to the terms of such plans and the related award agreements, these DSUs will vest -- along with the underlying previously awarded DSUs, without any cash consideration or conditions -- and will be settled in shares of AIG common stock on a 1-to-1 basis on the last trading day of the month in which the director's service on the AIG Board of Directors ends, unless the director has elected to defer the vesting date.

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