SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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*
McElroy David

(Last) (First) (Middle)
AMERICAN INTERNATIONAL GROUP, INC.
175 WATER STREET

(Street)
NEW YORK NY 10038

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2020
3. Issuer Name and Ticker or Trading Symbol
AMERICAN INTERNATIONAL GROUP INC [ AIG ]
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
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
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 3,081 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: 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 19,978 (2) D
2018 Stock Option (Right to Buy) 01/01/2021 12/12/2028 Common Stock 31,362 37.68 D
2019 Restricted Stock Units (3) (3) Common Stock 44,304 (2) D
2019 Stock Option (Right to Buy) 01/01/2022 03/18/2029 Common Stock 53,746 44.28 D
2019 Stock Option (Right to Buy) 01/01/2022 06/24/2029 Common Stock 12,500 53.32 D
2020 Restricted Stock Units (4) (4) Common Stock 58,643 (2) D
2020 Stock Option (Right to Buy) 01/01/2023 03/11/2030 Common Stock 70,175 32.43 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
/s/ Alanna Franco, attorney-in-fact 08/17/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.