AMERICAN INTERNATIONAL GROUP INC 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Dec 23, 2013
Insider Transaction Report
Form 4
Cowan Michael R.
Senior Vice President
Transactions
- Exercise/Conversion
Restricted Stock Unit
2013-12-19−6,395→ 0 totalExercise: $22.36→ Common Stock (6,395 underlying)
Footnotes (4)
- [F1]Represents AIG's share price on the date of grant. These securities do not carry a conversion or exercise price.
- [F2]Represents the payout of 50% of the Troubled Asset Relief Program ("TARP") RSUs granted on December 19, 2011 that vested on December 19, 2013. In accordance with the provisions of the award agreement and AIG's repayment of 100 percent of the aggregate financial assistance received under TARP as of December 14, 2012, the fair market value of these TARP RSUs is being paid in cash, subject to applicable taxes. The remaining 50% of the TARP RSUs granted on December 19, 2011 will vest and be paid on December 19, 2014.
- [F3]These securities do not have an exercisable date or expiration date.
- [F4]These securities do not carry a conversion or exercise price.