Initial Statement of Beneficial Ownership (3)
August 17 2020 - 4:26PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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McElroy David |
2. Date of Event Requiring Statement (MM/DD/YYYY)
8/13/2020
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3. Issuer Name and Ticker or Trading Symbol
AMERICAN INTERNATIONAL GROUP INC [AIG]
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(Last)
(First)
(Middle)
AMERICAN INTERNATIONAL GROUP, INC., 175 WATER STREET |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
EVP & CEO General Insurance / |
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(Street)
NEW YORK, NY 10038
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4) | 2. Amount of Securities Beneficially Owned
(Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) | 4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Common Stock | 3081.0000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4) | 2. Date Exercisable and Expiration Date
(MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) | 6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| 2018 Restricted Stock Units | (1) | (1) | Common Stock | 19978.0000 | (2) | D | |
| 2018 Stock Option (Right to Buy) | 1/1/2021 | 12/12/2028 | Common Stock | 31362.0000 | $37.6800 | D | |
| 2019 Restricted Stock Units | (3) | (3) | Common Stock | 44304.0000 | (2) | D | |
| 2019 Stock Option (Right to Buy) | 1/1/2022 | 3/18/2029 | Common Stock | 53746.0000 | $44.2800 | D | |
| 2019 Stock Option (Right to Buy) | 1/1/2022 | 6/24/2029 | Common Stock | 12500.0000 | $53.3200 | D | |
| 2020 Restricted Stock Units | (4) | (4) | Common Stock | 58643.0000 | (2) | D | |
| 2020 Stock Option (Right to Buy) | 1/1/2023 | 3/11/2030 | Common Stock | 70175.0000 | $32.4300 | D | |
| Explanation of Responses: |
| (1) | The 2018 Restricted Stock Units vest on January 1, 2021, subject to the reporting person's continued employment through the vesting date, and are settled in shares of AIG Common Stock. The 2018 Restricted Stock Units include dividend equivalent rights payable in the form of additional 2018 Restricted Stock Units. |
| (2) | The 2018 Restricted Stock Units, 2019 Restricted Stock Units and 2020 Restricted Stock Units convert to AIG Common Stock on a 1-to-1 basis. |
| (3) | The 2019 Restricted Stock Units vest on January 1, 2022, subject to the reporting person's continued employment through the vesting date, and are settled in shares of AIG Common Stock. The 2019 Restricted Stock Units include dividend equivalent rights payable in the form of additional 2019 Restricted Stock Units. |
| (4) | The 2020 Restricted Stock Units vest on January 1, 2023, subject to the reporting person's continued employment through the vesting date, and are settled in shares of AIG Common Stock. The 2020 Restricted Stock Units include dividend equivalent rights payable in the form of additional 2020 Restricted Stock Units. |
Remarks:
poadavidmcelroy.txt |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
McElroy David
AMERICAN INTERNATIONAL GROUP, INC.
175 WATER STREET
NEW YORK, NY 10038 |
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| EVP & CEO General Insurance |
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Signatures
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| /s/ Alanna Franco, attorney-in-fact | | 8/17/2020 |
| **Signature of Reporting Person | Date |
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