4//SEC Filing
McElroy David 4
Accession 0001225208-23-002670
CIK 0000005272other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 5:15 PM ET
Size
14.6 KB
Accession
0001225208-23-002670
Insider Transaction Report
Form 4
McElroy David
EVP & CEO General Insurance
Transactions
- Award
2023 Restricted Stock Units
2023-02-21+16,217→ 16,217 total→ Common Stock (16,217 underlying) - Award
2023 Stock Options (Right to Buy)
2023-02-21+66,401→ 66,401 totalExercise: $59.72Exp: 2033-02-21→ Common Stock (66,401 underlying) - Exercise/Conversion
Common Stock
2023-02-21+16,192→ 59,494 total - Exercise/Conversion
Common Stock
2023-02-22+5,504→ 64,998 total - Exercise/Conversion
2022 Restricted Stock Units
2023-02-22−5,504→ 11,008 total→ Common Stock (5,504 underlying)
Holdings
- 51,850(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]The acquisition of shares of AIG Common Stock represents the vesting of performance share units previously awarded to the reporting person in 2020 ("2020 PSUs"). The 2020 PSUs were earned as determined by AIG's Compensation and Management Resources Committee on February 21, 2023 based on pre-established performance goals for the three-year performance period ended December 31, 2022. The earned 2020 PSUs vested on January 1, 2023, and are settled in shares of AIG Common Stock on a 1-to-1 basis.
- [F2]Represents the first tranche of 2022 Restricted Stock Units ("2022 RSUs") granted on February 22, 2022 that vested on February 22, 2023. The remaining 2022 RSUs will vest in equal amounts on the second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date, and are settled in shares of AIG common stock.
- [F3]The securities convert to AIG Common Stock on a 1-to-1 basis.
- [F4]Represents the grant of 2023 Restricted Stock Units ("2023 RSUs"). One third of the 2023 RSUs vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date, and such 2023 RSUs are settled in shares of AIG Common Stock.
- [F5]Represents the grant of 2023 Stock Options. One third of the 2023 Stock Options vests on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through each applicable vesting date.
Documents
Issuer
AMERICAN INTERNATIONAL GROUP, INC.
CIK 0000005272
Entity typeother
Related Parties
1- filerCIK 0001555180
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 5:15 PM ET
- Size
- 14.6 KB