AMERICAN INTERNATIONAL GROUP INC 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Jan 23, 2017
Insider Transaction Report
Form 4
Schimek Robert S.
Executive Vice President
Transactions
- Award
2014 Performance Share Units
2017-01-19+37,176→ 37,176 total→ Common Stock (37,176 underlying) - Exercise/Conversion
Common Stock
2017-01-19+12,392→ 95,489 total - Exercise/Conversion
2014 Performance Share Units
2017-01-19−12,392→ 24,784 total→ Common Stock (12,392 underlying)
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.