AMERICAN INTERNATIONAL GROUP INC 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Dec 23, 2004
Insider Transaction Report
Form 4
SANDLER ROBERT MICHAEL
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2004-12-22$22.10/sh+2,659$58,774→ 316,599 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2004-12-22−4,000→ 17,093 totalExercise: $22.10From: 1999-12-14Exp: 2005-12-14→ Common Stock (4,000 underlying)
Footnotes (2)
- [F1]On December 22, 2004, Mr. Sandler exercised options for 4,000 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 1,341 shares surrendered to purchase the option.
- [F2]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.