AMERICAN INTERNATIONAL GROUP INC 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Mar 28, 2016
Insider Transaction Report
Form 4
Schimek Robert S.
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-03-24+20,740→ 83,097 total - Award
2013 Performance Share Units
2016-03-24+62,222→ 62,222 total→ Common Stock (62,222 underlying) - Exercise/Conversion
2013 Performance Share Units
2016-03-24−20,740→ 41,482 total→ Common Stock (20,740 underlying)
Footnotes (3)
- [F1]Represents AIG Common Stock underling one-third of the 2013 Performance Share Units earned as determined by AIG's Compensation and Management Resources Committee in March 2016 based on pre-established performance goals for the three-year performance period ended December 31, 2015. The earned 2013 Performance Share Units vest one-third in January of each of 2016, 2017 and 2018 and are settled in shares of AIG Common Stock.
- [F2]The Performance Share Units convert to AIG Common Stock on a 1 to 1 basis.
- [F3]Represents the actual number of 2013 Performance Share Units earned as determined by AIG's Compensation and Management Resources Committee in March 2016 based on pre-established performance goals for the three-year performance period ended December 31, 2015. The earned 2013 Performance Share Units vest one-third in January of each of 2016, 2017 and 2018 and are settled in shares of AIG Common Stock.