Gallo Martha 4
4 · AMERICAN INTERNATIONAL GROUP INC · Filed Jan 19, 2018
Insider Transaction Report
Form 4
Gallo Martha
Executive Vice President
Transactions
- Award
2015 Performance Share Units
2018-01-17+5,928→ 5,928 total→ Common Stock (5,928 underlying) - Exercise/Conversion
2015 Performance Share Units
2018-01-17−1,976→ 3,952 total→ Common Stock (1,976 underlying) - Exercise/Conversion
Common Stock
2018-01-17+1,976→ 1,976 total
Footnotes (3)
- [F1]Represents AIG Common Stock underlying one-third of the 2015 Performance Share Units (including dividend equivalent rights in the form of 2015 Performance Share Units) earned as determined by AIG's Compensation and Management Resources Committee in January 2018 based on pre-established performance goals for the three-year performance period ended December 31, 2017. The earned 2015 Performance Share Units (including dividend equivalent rights payable in the form of additional 2015 Performance Share Units) vest one-third in January of each of 2018, 2019 and 2020 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 2015 Performance Share Units (including dividend equivalent rights in the form of 2015 Performance Share Units) earned as determined by AIG's Compensation and Management Resources Committee in January 2018 based on pre-established performance goals for the three-year performance period ended December 31, 2017. The earned 2015 Performance Share Units (including dividend equivalent rights payable in the form of additional 2015 Performance Share Units) vest one-third in January of each of 2018, 2019 and 2020 and are settled in shares of AIG Common Stock.