American International Group, Inc.
8-K on 05/13/2022   Download
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 13, 2022 (May 11, 2022)

 

AMERICAN INTERNATIONAL GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   1-8787   13-2592361

(State or other jurisdiction
of incorporation)

  (Commission File Number)  

(IRS Employer Identification No.)

 

1271 Avenue of the Americas
New York, New York 10020

(Address of principal executive offices)

 

Registrant’s telephone number, including area code:  (212) 770-7000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, Par Value $2.50 Per Share AIG New York Stock Exchange
5.75% Series A-2 Junior Subordinated Debentures AIG 67BP New York Stock Exchange
4.875% Series A-3 Junior Subordinated Debentures AIG 67EU New York Stock Exchange
Stock Purchase Rights New York Stock Exchange
Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series A 5.85% Non-Cumulative Perpetual Preferred Stock AIG PRA New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

No Trading Symbol True
 
 

 

Section 5 – Corporate Governance and Management

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

On May 11, 2022, American International Group, Inc. (“AIG”) held its Annual Meeting of Shareholders. The results of the matters submitted to a shareholder vote at the Annual Meeting were as follows:

 

Proposal 1 – Election of Directors: Our shareholders elected the following ten directors to serve until the 2023 Annual Meeting or until a successor is duly elected and qualified. The voting results for each of the nominees were as follows:

 

   For   %1  Against   Abstain   Broker Non-
Votes
 
James Cole, Jr.  668,265,931   96.89   21,383,003   211,511   30,343,891 
W. Don Cornwell  581,103,960   85.14   101,379,603   7,376,882   30,343,891 
William G. Jurgensen  614,859,776   89.15   74,790,053   210,616   30,343,891 
Linda A. Mills  669,895,967   97.13   19,758,085   206,393   30,343,891 
Thomas F. Motamed  680,988,050   98.74   8,655,716   216,679   30,343,891 
Peter R. Porrino  685,200,408   99.35   4,447,878   212,159   30,343,891 
John G. Rice  688,325,541   99.81   1,305,472   229,432   30,343,891 
Douglas M. Steenland  576,402,691   83.57   113,252,372   205,382   30,343,891 
Therese M. Vaughan  681,633,381   98.83   8,021,901   205,163   30,343,891 
Peter Zaffino  657,753,981   95.51   30,895,288   1,211,176   30,343,891 

 

 

Proposal 2 – Non-binding Advisory Vote to Approve Executive Compensation: Our shareholders approved the 2021 compensation of AIG’s named executives. The voting results were as follows:

 

For  %1 Against  Abstain  Broker Non-
Votes
650,402,179  94.36  38,841,530  616,736  30,343,891

 

 

Proposal 3 – Ratification of the selection of PricewaterhouseCoopers LLP (“PwC”) as AIG’s independent registered public accounting firm for 2022: Our shareholders ratified the selection of PwC as our independent registered public accounting firm for 2022. The voting results were as follows:

 

For  %1 Against  Abstain  Broker Non-
Votes
652,749,541  90.66  67,241,561  213,234  0

 

 

Proposal 4 – Shareholder Proposal to Reduce the Threshold to Call Special Meetings from 25 Percent to 10 Percent: Our shareholders did not approve this proposal. The voting results were as follows:

 

For  %1 Against  Abstain  Broker Non-
Votes
265,331,710  38.49  423,883,434  645,301  30,343,891

 

 

1 Votes cast “For” as a percentage of total votes cast “For” and “Against.”

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

AMERICAN INTERNATIONAL GROUP, INC.
(Registrant)

   
   
   
Date: May 13, 2022 By:  /s/ Ariel R. David
    Name: Ariel R. David
    Title: Vice President and Deputy Corporate Secretary