0001225208-11-010255.txt : 20110324
0001225208-11-010255.hdr.sgml : 20110324
20110324181027
ACCESSION NUMBER: 0001225208-11-010255
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110322
FILED AS OF DATE: 20110324
DATE AS OF CHANGE: 20110324
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HURD JEFFREY J
CENTRAL INDEX KEY: 0001486195
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08787
FILM NUMBER: 11710407
MAIL ADDRESS:
STREET 1: AMERICAN INTERNATIONAL GROUP, INC.
STREET 2: 70 PINE STREET
CITY: NEW YORK
STATE: NY
ZIP: 10270
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERICAN INTERNATIONAL GROUP INC
CENTRAL INDEX KEY: 0000005272
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
IRS NUMBER: 132592361
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 70 PINE ST
CITY: NEW YORK
STATE: NY
ZIP: 10270
BUSINESS PHONE: 2127707000
MAIL ADDRESS:
STREET 1: 70 PINE STREET
CITY: NEW YORK
STATE: NY
ZIP: 10270
FORMER COMPANY:
FORMER CONFORMED NAME: AMERICAN INTERNATIONAL ENTERPRISES INC
DATE OF NAME CHANGE: 19700507
4
1
doc4.xml
X0303
4
2011-03-22
0000005272
AMERICAN INTERNATIONAL GROUP INC
AIG
0001486195
HURD JEFFREY J
AMERICAN INTERNATIONAL GROUP, INC.
180 MAIDEN LANE
NEW YORK
NY
10038
1
SVP - Human Resources
Restricted Stock Unit
36.9500
2011-03-22
4
A
0
19158.0000
A
Common Stock
19158.0000
19158.0000
D
Restricted Stock Unit
36.9500
2011-03-22
4
A
0
12665.0000
A
Common Stock
12665.0000
31823.0000
D
Represents AIG's share price on the date of grant; these securities do not carry a conversion or exercise price.
These shares were granted on March 22, 2011 under the American International Group, Inc. 2010 Stock Incentive Plan. This award represents RSUs that vest at grant and are deliverable in cash on the third anniversary of the grant date. This award reflects 19,594 shares less 436 shares withheld for taxes.
These securities do not have an exercisable date or expiration date.
These securities do not carry a conversion or exercise price.
This award represents RSUs that will vest on the second anniversary of grant. Thereafter, the RSUs will be payable in cash based on AIG's share price on the first date ON OR AFTER THE THIRD ANNIVERSARY OF THE GRANT DATE that: (i) with respect to 25% of the RSUs, AIG has repaid at least 25% of the aggregate financial assistance received under the Troubled Asset Relief Program (the "TARP Assistance"), (ii) with respect to an additional 25% of the RSUs, AIG has repaid at least 50% of the TARP Assistance, (iii) with respect to an additional 25% of the RSUs, AIG has repaid at least 75% of the TARP Assistance, and (iv) with respect to the remainder of the RSUs, AIG has repaid 100% of the TARP Assistance. In each case, the RSUs will be paid promptly after the amount is determined.
/s/ Kathleen E. Shannon, by POA for Jeffrey J. Hurd
2011-03-24