Form 4 for AIG American International Group
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001225208-23-002677 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-23 | 2023-02-21+ | AIG | Fato Luciana | EVP, GC, Comms, Govt Affairs | M - OptEx | $0.00 | +137.3K | 204.0K | +206% | $0 |
| DM | 2023-02-23 | 2023-02-21 | AIG | Fato Luciana | EVP, GC, Comms, Govt Affairs | A - Grant | $0.00 | +68.2K | 13.4K | New | $0 |
| DM | 2023-02-23 | 2023-02-22 | AIG | Fato Luciana | EVP, GC, Comms, Govt Affairs | M - OptEx | $0.00 | -21.1K | 33.0K | -39% | $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 | 2023-02-21 | M | A | 116,264 | $0.00 | 182,930 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-02-22 | M | A | 16,512 | $0.00 | 199,442 | D | — | — | (F2) Represents the first tranche of Recognition Restricted Stock Units ("Recognition RSUs") granted on February 22, 2022 that vested on February 22, 2023. The remaining Recognition 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. |
| 3 | Common | Common Stock | 2023-02-22 | M | A | 4,540 | $0.00 | 203,982 | D | — | — | (F3) 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. |
| 4 | Derivative | 2023 Stock Options (Right to Buy) | 2023-02-21 | A | A | 54,780 | $0.00 | 54,780 | D | $59.72 · — to 2033-02-21 | 54,780 Common Stock | (F6) 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. |
| 5 | Derivative | 2022 Restricted Stock Units | 2023-02-22 | M | D | 4,540 | $0.00 | 9,082 | D | — · — to — | 4,540 Common Stock | (F3) 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. (F4) The securities convert to AIG Common Stock on a 1-to-1 basis. |
| 6 | Derivative | 2023 Restricted Stock Units | 2023-02-21 | A | A | 13,379 | $0.00 | 13,379 | D | — · — to — | 13,379 Common Stock | (F5) Represents the grant of 2023 Restricted Stock Units ("2023 RSUs"). One third of the 2023 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 2023 RSUs are settled in shares of AIG Common Stock. (F4) The securities convert to AIG Common Stock on a 1-to-1 basis. |
| 7 | Derivative | Recognition Restricted Stock Units | 2023-02-22 | M | D | 16,512 | $0.00 | 33,025 | D | — · — to — | 16,512 Common Stock | (F2) Represents the first tranche of Recognition Restricted Stock Units ("Recognition RSUs") granted on February 22, 2022 that vested on February 22, 2023. The remaining Recognition 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. (F4) The securities convert to AIG Common Stock on a 1-to-1 basis. |