AMERICAN INTERNATIONAL GROUP INC 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Dec 6, 2004
Insider Transaction Report
Form 4
SMITH HOWARD I
DirectorVice Chairman, CFO & CAO
Transactions
- Exercise/Conversion
Common Stock
2004-12-03$15.31/sh+13,985$214,092→ 226,872 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2004-12-03−18,249→ 0 totalExercise: $15.31From: 1998-12-15Exp: 2004-12-15→ Common Stock (18,249 underlying)
Holdings
- 18,644,278(indirect: By Trust)
Common Stock
- 355.31(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]On December 3, 2004, Mr. Smith exercised options for 18,249 shares using previously owned shares to pay for options granted pursuant to the 1991 Employee Stock Option Plan. This acquisition reflects the number of options exercised less the 4,264 shares surrendered to purchase the option.
- [F2]The reporting person is a trustee of the C.V. Starr & Co., Inc. Trust (the ''Starr Trust''). The reporting person may be deemed to be the beneficial owner of, and to have a pecuniary interest in, shares of AIG common stock held by the Starr Trust. The reporting person disclaims the beneficial ownership of, and any pecuniary interest in, the shares of AIG common stock held by the Starr Trust.
- [F3]These options were granted under AIG's 1991 Employee Stock Option Plan. Pursuant to the terms of the plan, 25% of the option becomes exercisable on the anniversary date of the grant in each of the four years following the grant.