Form 4 for AIG American International Group
Accepted 2024-03-18 00:00:00 ET · period of report 2024-03-15 · accession 0001225208-24-004285 · 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 | 2024-03-18 | 2024-03-15 | AIG | Zaffino Peter | COB, CEO, Dir | M - OptEx | $64.53 | +333.0K | 838.4K | +66% | +$21.49M |
| DM | 2024-03-18 | 2024-03-15 | AIG | Zaffino Peter | COB, CEO, Dir | S - Sale+OE | $75.87 | -333.0K | 837.5K | -28% | -$25.27M |
| D | 2024-03-18 | 2024-03-15 | AIG | Zaffino Peter | COB, CEO, Dir | M - OptEx | $0.00 | -333.0K | 0 | -100% | $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 | 2024-03-15 | M | A | 333,000 | $64.53 | 838,420 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-15 | S | D | 332,034 | $75.87 | 505,420 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $75.24 to $76.235. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2024-03-15 | S | D | 966 | $76.29 | 837,454 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $76.24 to $76.34. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Derivative | Stock Option A (Right to Buy) | 2024-03-15 | M | D | 333,000 | $0.00 | 0 | D | $64.53 · — to 2024-07-24 | 333,000 Common Stock | (F3) This form reports the exercise of 333,000 employee stock options due to expire on July 24, 2024 and the sale of the acquired shares. The option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan entered into by Mr. Zaffino on December 15, 2023. The stock options were granted under the AIG 2013 Omnibus Incentive Plan and vested in equal installments on each of July 24, 2018, July 24, 2019 and July 24, 2020. |