LITZKY ERIC N 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Jan 19, 2006
Insider Transaction Report
Form 4
LITZKY ERIC N
Vice President
Transactions
- Exercise/Conversion
Common Stock
2006-01-18$22.37/sh+710$15,883→ 1,960 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2006-01-18−1,054→ 0 totalExercise: $22.37From: 2000-01-18Exp: 2006-01-18→ Common Stock (1,054 underlying)
Holdings
- 100(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]On January 18, 2006, Mr. Litzky exercised options for 1,054 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 344 shares surrendered to purchase the option.
- [F2]Beneficial ownership is disclaimed.
- [F3]These options were granted under the American International Group, Inc. 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.