SEC Form 4 · accession 0001225208-18-001311
AMERICAN INTERNATIONAL GROUP, INC. · AIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seraina Macia
Officer — Executive Vice President
Period of report
Jan 17, 2018
Accepted (ET)
Jan 19, 2018 · 4:48 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 17, 2018 | M | 2,306 | $0.00 | A | 9,313 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 Performance Share UnitsF3,F2 | — | Jan 17, 2018 | A | 6,918 | A | — | — | Common Stock | 6,918 | 6,918 | D |
| 2015 Performance Share UnitsF1,F2 | — | Jan 17, 2018 | M | 2,306 | D | — | — | Common Stock | 2,306 | 4,612 | D |
Explanation of responses
- F1Represents AIG Common Stock underlying one-third of the 2015 Performance Share Units (including dividend equivalent rights in the form of 2015 Performance Share Units) earned as determined by AIG's Compensation and Management Resources Committee in January 2018 based on pre-established performance goals for the three-year performance period ended December 31, 2017. The earned 2015 Performance Share Units (including dividend equivalent rights payable in the form of additional 2015 Performance Share Units) have vested for the reporting person and are settled in shares of AIG Common Stock one-third in the first quarter of each of 2018, 2019 and 2020.
- F2The Performance Share Units convert to AIG Common Stock on a 1 to 1 basis.
- F3Represents the actual number of 2015 Performance Share Units (including dividend equivalent rights in the form of 2015 Performance Share Units) earned as determined by AIG's Compensation and Management Resources Committee in January 2018 based on pre-established performance goals for the three-year performance period ended December 31, 2017. The earned 2015 Performance Share Units (including dividend equivalent rights payable in the form of additional 2015 Performance Share Units) have vested for the reporting person and are settled in shares of AIG Common Stock one-third in the first quarter of each of 2018, 2019 and 2020.