Shane Fitzsimons - 21 Feb 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
23 Feb 2023, 16:14:58 UTC
Prior SEC filing
18 Jan 2023
Next SEC filing
02 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ariel R. David, attorney-in-fact

Key filing fact

Shane Fitzsimons filed Form 4 for AMERICAN INTERNATIONAL GROUP, INC. (AIG) on 23 Feb 2023.

Key facts

  • This page summarizes Shane Fitzsimons's Form 4 filing for AMERICAN INTERNATIONAL GROUP, INC. (AIG).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 23 Feb 2023, 16:14.

Change

  • Previous filing in this sequence was filed on 18 Jan 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AIG transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+4,564
Change %
+12%
Price
$0.000000
Shares after
43,871
Date
21 Feb 2023
Ownership
Direct
Footnotes
F1
AIG transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+3,852
Change %
+8.8%
Price
$0.000000
Shares after
47,723
Date
22 Feb 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

AIG transaction Derivative

2023 Stock Options (Right to Buy)

Award

Transaction value
$0
Shares
+56,440
Change %
Price
$0.000000
Shares after
56,440
Date
21 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
56,440
Exercise price
$59.72
Footnotes
F3
AIG transaction Derivative

2022 Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,852
Change %
-33%
Price
$0.000000
Shares after
7,706
Date
22 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,852
Exercise price
Footnotes
F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The acquisition of shares of AIG Common Stock represents the vesting of performance share units previously awarded to the reporting person in 2020 ("2020 PSUs"). The 2020 PSUs were earned as determined by AIG's Compensation and Management Resources Committee on February 21, 2023 based on pre-established performance goals for the three-year performance period ended December 31, 2022. The earned 2020 PSUs vested on January 1, 2023, and are settled in shares of AIG Common Stock on a 1-to-1 basis.

Footnote F2

Represents the first tranche of 2022 Restricted Stock Units ("2022 RSUs") granted on February 22, 2022 that vested on February 22, 2023. The remaining 2022 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.

Footnote F3

Represents the grant of 2023 Stock Options. One third of the 2023 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.

Footnote F4

The securities convert to AIG Common Stock on a 1-to-1 basis.

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