SEC Form 4 · accession 0001225208-18-000347
AMERICAN INTERNATIONAL GROUP, INC. · AIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna DeMaio
Officer — Executive Vice President
Period of report
Jan 1, 2018
Accepted (ET)
Jan 3, 2018 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000005272
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 1, 2018 | M | 9,722 | $0.00 | A | 14,796 | D | |
| Common StockF2 | Jan 1, 2018 | M | 5,220 | $0.00 | A | 20,016 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 Performance Share UnitsF1,F3 | — | Jan 1, 2018 | M | 9,722 | D | — | — | Common Stock | 9,722 | 0 | D |
| 2014 Performance Share UnitsF2,F3 | — | Jan 1, 2018 | M | 5,220 | D | — | — | Common Stock | 5,220 | 5,220 | D |
Explanation of responses
- F1Represents AIG Common Stock underlying one-third of the 2013 Performance Share Units earned as determined by AIG's Compensation and Management Resources Committee in March 2016 based on pre-established performance goals for the three-year performance period ended December 31, 2015. The earned 2013 Performance Share Units have vested for the reporting person. The earned 2013 Performance Share Units are settled in shares of AIG Common Stock one-third in January of each of 2016, 2017 and 2018.
- F2Represents AIG Common Stock underlying one-third of the 2014 Performance Share Units earned as determined by AIG's Compensation and Management Resources Committee in January 2017 based on pre-established performance goals for the three-year performance period ended December 31, 2016. The earned 2014 Performance Share Units have vested for the reporting person. The earned 2014 Performance Share Units are settled in shares of AIG Common Stock one-third in January of each of 2017, 2018 and 2019.
- F3The Performance Share Units convert to AIG Common Stock on a 1 to 1 basis.