SEC Form 4 · accession 0001225208-16-039449
AMERICAN INTERNATIONAL GROUP, INC. · AIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas A. Dachille
Officer — Executive Vice President
Period of report
Sep 15, 2016
Accepted (ET)
Sep 16, 2016 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000005272
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F1,F3 | — | Sep 15, 2016 | M | 96,913 | D | — | — | Common Stock | 96,913 | 96,914 | D |
Explanation of responses
- F1The Restricted Stock Units convert to AIG Common Stock on a 1 to 1 basis.
- F2Represents the settlement of 50% of the fully-vested Restricted Stock Units granted in September 2015 in connection with AIG's acquisition of First Principles Capital Management, LLC. In accordance with the provisions of the award agreement, the fair market value of these Restricted Stock Units are being paid in cash. The remaining 50% of the fully-vested Restricted Stock Units granted in September 2015 will be settled in September 2017.
- F3These securities do not have an exercisable date or expiration date.