4//SEC Filing
LEWIS ROBERT EDWARD 4
Accession 0001236593-10-000008
CIK 0000005272other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 8:46 PM ET
Size
9.3 KB
Accession
0001236593-10-000008
Insider Transaction Report
Form 4
LEWIS ROBERT EDWARD
Senior Vice President
Transactions
- Award
Long-Term Performance Units
2010-09-30+294.985→ 294.985 totalExercise: $39.10→ Common Stock (294.985 underlying) - Exercise/Conversion
Restricted Stock Unit
2010-10-01−370.9→ 39,884.97 totalExercise: $30.12→ Common Stock (370.9 underlying)
Footnotes (5)
- [F1]Represents AIG's share price on the date of grant; these securities do not carry a conversion or exercise price.
- [F2]This award represents the portion of a grant of fully vested LPTUs that is based on the value of common stock, net of the value of 8.7238 shares withheld for taxes. The LTPUs are based on a mix of common stock and AIG's 8.175% Series A-6 Junior Subordinated Debentures (the "Hybrid Securities"), and represent 20 percent common stock and 80 percent Hybrid Securities, by value, on the date of grant. One third of the award will be payable in cash based on the values of the underlying securities on the first anniversary of the grant date, one third based on the values on the second anniversary and one third based on the values on the third anniversary. The Reporting Person disclaims that the reported portion of the LTPUs is a "derivative security" required to be reported under Section 16 of the Securities Exchange Act of 1934.
- [F3]These securities do not have an exercisable date or expiration date.
- [F4]These securities do not carry a conversion or exercise price.
- [F5]Represents payout of $14,413.33, net of applicable taxes, in stock salary payable in cash based on AIG's share price on the first anniversary of the deemed grant date, to be paid on the next payroll date.
Documents
Issuer
AMERICAN INTERNATIONAL GROUP INC
CIK 0000005272
Entity typeother
Related Parties
1- filerCIK 0001245749
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 8:46 PM ET
- Size
- 9.3 KB