Purtill Sabra R. 4
4 · AMERICAN INTERNATIONAL GROUP, INC. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Purtill Sabra R.
EVP and Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-21+3,243→ 20,350 total - Award
2024 Stock Options (Right to Buy)
2024-02-20+41,334→ 41,334 totalExercise: $68.13Exp: 2034-02-20→ Common Stock (41,334 underlying) - Exercise/Conversion
2023 Restricted Stock Units
2024-02-21−3,243→ 6,487 total→ Common Stock (3,243 underlying) - Award
Common Stock
2024-02-20+10,376→ 17,107 total
Footnotes (4)
- [F1]Represents the grant of 2024 Restricted Stock Units ("2024 RSUs"). Each 2024 RSU represents a contingent right to receive one share of AIG common stock upon vesting. The 2024 RSUs will vest ratably over three years on February 20, 2025, February 20, 2026 and February 20, 2027.
- [F2]Represents the first tranche of 2023 Restricted Stock Units ("2023 RSUs") granted on February 21, 2023 that vested on February 21, 2024. The remaining 2023 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]Represents the grant of 2024 Stock Options. One third of the 2024 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.
- [F4]The securities convert to AIG common stock on a 1-to-1 basis.