AMERICAN INTERNATIONAL GROUP INC 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Jan 23, 2017
Insider Transaction Report
Form 4
Hancock Peter D.
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-01-19+47,330→ 143,536 total - Award
2014 Performance Share Units
2017-01-19+141,991→ 141,991 total→ Common Stock (141,991 underlying) - Exercise/Conversion
2014 Performance Share Units
2017-01-19−47,330→ 94,661 total→ Common Stock (47,330 underlying)
Holdings
- 32(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Represents AIG Common Stock underlying one-third of the 2014 Performance Share Units earned as determined by AIG's Compensation and Management Resources Committee in January 2017 based on pre-established performance goals for the three-year performance period ended December 31, 2016. The earned 2014 Performance Share Units vest one-third in January of each of 2017, 2018 and 2019 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 2014 Performance Share Units earned as determined by AIG's Compensation and Management Resources Committee in January 2017 based on pre-established performance goals for the three-year performance period ended December 31, 2016. The earned 2014 Performance Share Units vest one-third in January of each of 2017, 2018 and 2019 and are settled in shares of AIG Common Stock.