Form 4 for AIG American International Group
Accepted 2022-02-24 00:00:00 ET · period of report 2022-02-22 · accession 0001225208-22-003287 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-24 | 2022-02-22 | AIG | Purtill Sabra R. | EVP, CRO | M - OptEx | $0.00 | +4,259 | 9,406 | +83% | $0 |
| DM | 2022-02-24 | 2022-02-22 | AIG | Purtill Sabra R. | EVP, CRO | A - Grant | $0.00 | +25.1K | 19.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-22 | M | A | 4,259 | $0.00 | 9,406 | D | — | — | (F1) The acquisition of shares of AIG Common Stock represents the vesting of performance share units previously awarded to the reporting person in 2019 (2019 PSUs). The 2019 PSUs were earned as determined by AIG's Compensation and Management Resources Committee on February 22, 2022 based on pre-established performance goals for the three-year performance period ended December 31, 2021. The earned 2019 PSUs vested on January 1, 2022, and are settled in shares of AIG Common Stock on a 1-to-1 basis. |
| 2 | Derivative | 2022 Restricted Stock Units | 2022-02-22 | A | A | 5,366 | $0.00 | 5,366 | D | — · — to — | 5,366 Common Stock | (F3) Represents the grant of 2022 RSUs. One third of the 2022 RSUs 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, and such 2022 RSUs are settled in shares of AIG Common Stock. (F2) The 2022 Restricted Stock Units (2022 RSUs) convert to AIG Common Stock on a 1-to-1 basis. |
| 3 | Derivative | 2022 Stock Options (Right to Buy) | 2022-02-22 | A | A | 19,756 | $0.00 | 19,756 | D | $61.61 · — to 2032-02-22 | 19,756 Common Stock | (F4) Represents the grant of 2022 Stock Options. One third of the 2022 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. |