UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 144
Amendment Number 1
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION: Transmit for filing 3 copies of this form concurrently with either
placing an order with a broker to execute sale or executing a sale directly with
a market maker
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1(a) NAME OF ISSUER (Please type or print)
American International Group, Inc.
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1(b) IRS IDENT. NO. |(c) SEC FILE NO.
|
13-2592361 |1-08787
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1(d) ADDRESS OF ISSUER STREET
70 Pine Street
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1(d) CITY STATE ZIP CODE
New York NY 10270
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1(e) TELEPHONE
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AREA CODE |NUMBER
|
212 |770-7000
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2(a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
The 2006 MRG/CPG Volaris Trust
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2(b) IRS IDENT. NO. (c) RELATIONSHIP TO ISSUER
Decline to provide See "Remarks"
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2(d) ADDRESS STREET
165 Township Line Road
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2(d) CITY STATE ZIP CODE
Jenkintown, PA 19046
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INSTRUCTION: The person filing this notice should contact the issuer to obtain
the I.R.S. Identification Number and the SEC File Number.
SEC USE
3(a) (b) ONLY (c) (d) (e) (f) (g)
Title of the Name and Address of Broker- Number of Aggregate Number of Shares Approximate Name of Each
Class of Each Broker Through Dealer Shares or Market or Other Units Date of Sale Securities
Securities Whom the Securities File Other Units Value Outstanding (See instr. 3(f)) Exchange
to be Sold are to be Offered Number to be Sold (See instr. (See instr. 3(e)) (MO. DAY YR.) (See instr.
or Each Market (See instr. 3(d)) 3(g))
Maker who is 3(c))
Acquiring the
Securities
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Common Credit Suisse Securities 5,000,000 297,850,000 2,595,608,000
Stock (USA) LLC, One Madison as of as of 7-05-2006 NYSE
Avenue, New York, NY 7-03-06 7-03-06
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INSTRUCTIONS:
1.(a) Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer'S S.E.C. file number, if any
(d) Issuer's address, including zip code
(e) Issuer's telephone number, including area code
2.(a) Name of person for whose account the securities are to be sold
(b) Such person's I.R.S. identification number, if such person is an entity
(c) Such person's relationship to the issuer (e.g., officer, director, 10%
stockholder, or member of immediate family of any of the foregoing)
(d) Such person's address, including zip code
3.(a) Title of the class of securities to be sold
(b) Name and address of each broker through whom the securities are intended
to be sold
(c) Number of shares or other units to be sold (if debt securities, give the
aggregate face amount)
(d) Aggregate market value of the securities to be sold as of a specified date
within 10 days prior to the filing of this notice
(e) Number of shares or other units of the class outstanding, or if debit
securities the face amount thereof outstanding, as shown by the most
recent report or statement published by the issuer
(f) Approximate date on which the securities are to be sold
(g) Name of each securities exchange, if any, on which the securities are
intended to be sold
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part of the
purchase price or other consideration therefor:
Name of Person
from Whom Acquired
Title of Date You Nature of (If gift, also give date Amount of Date of
the Class Acquired Acquisition Transaction donor acquired) Securities Acquired Payment Nature of Payment
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Common 1965 Stock Options American International 5,000,000 1965 N/A
Stock to Group, Inc. to
2000 2000
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INSTRUCTIONS:
1. If the securities were purchased and full payment therefore was not made in
cash at the time of purchase, explain in the table or in a note thereto the
nature of the consideration given. If the consideration consisted of any note
or other obligation, or if payment was made in installments describe the
arrangement and state when the note or other obligation was discharged in
full or the last installment paid.
2. If within two years after the acquisition of the securities the person for
whose account they are to be sold had any short positions, put or other
option to dispose of securities referred to in paragraph (d)(3) of Rule 144,
furnish full information with respect thereto.
TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the securities are to be sold.
Amount of Gross
Name and Address of Seller Title of Securities Sold Date of Sale Securities Proceeds
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See "Exhibit A"*
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REMARKS:* THIS AMENDMENT IS BEING FILED TO REVISE EXHIBIT A AND THE REMARKS
REFERRED TO THEREIN. THE INFORMATION PROVIDED IN TABLE II IS GIVEN AS OF JULY 5,
2006, THE DATE OF THE ORIGINAL NOTICE ON FORM 144 THAT IS BEING AMENDED HEREBY.
INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144. Information is to
be given not only as to the person for whose account the securities are to be
sold but also as to sales by all persons whose sales are required by paragraph
(e) of Rule 144 to be aggregated with sales for the account of the person filing
this notice.
ATTENTION:
The person for whose account the securities to which this notice relates are to
sold hereby represents by signing this notice that he does not know any material
adverse information in regard to the current and prospective operations of the
Issuer of the securities to be sold which have not been publicly disclosed.
The 2006 MRG/CPG Volaris Trust,
By: Pitcairn Company, Trustee
Lawrence R. Bardfeld, Exec. VP
July 17, 2006 By: /s/ Lawrence R. Bardfeld
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(DATE OF NOTICE) (SIGNATURE)
The notice shall be signed by the person for whose account the securities are to
be sold. At least one copy of the notice shall be manually signed.
Any copies not manually signed shall bear typed or printed signatures.
ATTENTION: Intentional misstatements or omission of facts constitute Federal
Criminal Violations (See 18 U.S.C. 1001).
EXHIBIT A
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Name and Address of Seller Title of Securities Sold
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C. V. Starr & Co., Inc., 399 Park Avenue, 17th Floor, New York, NY 10022 Common Stock
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Starr International Company, Inc., Clifton House, Lower Fitzwilliam Street, Dublin 2, Ireland Common Stock
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The 2006 MRG/CPG Volaris Trust, 165 Township Line Road, Suite 3000, Jenkintown PA 19046 Common Stock
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The 2006 EEM Volaris Trust, 165 Township Line Road, Suite 3000, Jenkintown PA 19046 Common Stock
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The 2006 C. V. Starr Volaris Trust, 165 Township Line Road, Suite 3000, Jenkintown PA 19046 Common Stock
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Universal Foundation, Inc., P.O. Box HM 2907, Hamilton HMLX, Bermuda Common Stock
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Edward E. and Marie L. Matthews Foundation, 45 Montdale Circle, Princeton NJ 08540 Common Stock
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Date of Sale Amount of Gross Proceeds
Securities Sold
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04/20/06 to 05/10/06 1,060,000 $69,209,814.65
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04/06/06 to 05/09/06 973,845 $63,344,174.00
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See *Remarks* 1,272,800 $86,596,000.00
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See *Remarks* 691,900 $361,060.00
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See *Remarks* 3,500,000 $1,065,450.00
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04/24/06 to 04/27/06 391,296 $25,009,440.67
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See *Remarks* 114,900 $6,784,845.00
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Remarks to the 2006 MRG/CPG Volaris Trust Form 144:
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The 2006 MRG/CPG Volaris Trust is a trust settled by Maurice R. Greenberg and
Corinne P. Greenberg (the "MRG Volaris Trust"). Mr. Greenberg may be deemed to
be an affiliate of the issuer by virtue of being a member of a "group" under
Section 13(d) of the Securities Exchange Act of 1934. This Form 144 reflects the
intention of Pitcairn Trust Company, trustee of the MRG Volaris Trust, to
authorize the sale of 50,000 covered call options at a $70 strike price with an
August 2006 expiration date.
The entries in Table II of this Form 144 in respect of the MRG Volaris Trust
reflect covered call options written by the MRG Volaris Trust (1) on April 11,
2006 (for 500,000 shares of AIG common stock, at $70 per share and expiring
August 19, 2006); (2) on April 18, 2006 (for 500,000 shares of AIG common stock,
at $65 per share and expiring May 20, 2006); and (3) on April 21, 2006 (for
272,800 shares of AIG common stock, at $70 per share and expiring August 19,
2006).
The entries in Table II of this Form 144 in respect of The 2006 EEM Volaris
Trust, a trust settled by Edward E. Matthews, (the "EEM Volaris Trust") reflect
covered call options written by the EEM Volaris Trust (1) on April 11, 2006 (for
70,400 shares of AIG common stock, at $70 per share and expiring August 19,
2006); (2) on April 18, 2006 (for 70,400 shares of AIG common stock, at $65 per
share and expiring May 20, 2006); (3) on April 21, 2006 (for 38,400 shares of
AIG common stock, at $70 per share and expiring August 19, 2006); (4) on May 10,
2006 (for 131,000 shares of AIG common stock, at $70 per share and expiring
August 19, 2006); (5) on May 18, 2006 (for 70,400 shares of AIG common stock, at
$65 per share and expiring June 17, 2006); (6) on May 25, 2006 (for 70,400
shares of AIG common stock, at $65 per share and expiring July 22, 2006); (7) on
June 1, 2006 (for 58,100 shares of AIG common stock, at $65 per share and
expiring July 22, 2006); (8) on June 6, 2006 (for 70,400 shares of AIG common
stock, at $65 per share and expiring August 19, 2006); (9) on June 8, 2006 (for
70,400 shares of AIG common stock, at $65 per share and expiring August 19,
2006); and (10) on June 19, 2006 (for 42,000 shares of AIG common stock, at $65
per share and expiring August 19, 2006).
The entries in Table II of this Form 144 in respect of The 2006 CV Star Volaris
Trust, a trust settled by C. V. Starr & Co., Inc. (the "CV Starr Volaris
Trust"), reflect covered call options written by the CV Starr Volaris Trust on
(1) May 22, 2006 (for 500,000 shares of AIG common stock, at $64.1706 per share
and expiring June 27, 2006); (2) May 30, 2006 (for 500,000 shares of AIG common
stock, at $64.1352 per share and expiring July 11, 2006); (3) June 5, 2006 (for
500,000 shares of AIG common stock at $64.2693 per share and expiring July 18,
2006); (4) June 12, 2006 (for 500,000 shares of AIG common stock, at $63.7387
per share and expiring August 2, 2006); (5) June 15, 2006 (for 500,000 shares of
AIG common stock, at $63.4059 per share and expiring August 9, 2006); and (6)
June 28, 2006 (for 500,000 shares of AIG common stock, at $61.9400 per share and
expiring July 26, 2006).
The entries in Table II of this Form 144 in respect of the Edward E. and Marie
L. Matthews Foundation, a foundation created by Edward E. Matthews, (the
"Matthews Foundation") reflect covered call options written by the Matthews
Foundation (1) on May 25, 2006 (for 18,000 shares of AIG common stock, at $65
per share and expiring July 22, 2006); (2) on June 1, 2006 (for 14,900 shares of
AIG common stock, at $65 per share and expiring July 22, 2006); (3) on June 02,
2006 (for 10,000 shares of AIG common stock, at $65 per share and expiring July
22, 2006); (4) on June 02, 2006 (for 8,000 shares of AIG common stock, at $65
per share and expiring July 22, 2006); (5) on June 06, 2006 (for 18,000 shares
of AIG common stock, at $65 per share and expiring August 19, 2006); (6) on June
08, 2006 (for 18,000 shares of AIG common stock, at $65 per share and expiring
August 19, 2006); (7) on June 13, 2006 (for 18,000 shares of AIG common stock,
at $65 per share and expiring August 19, 2006); (8) on June 15, 2006 (for 10,000
shares of AIG common stock, at $65 per share and expiring August 19, 2006).
The MRG Volaris Trust hereby disclaims that (i) it is the same "person" as, (ii)
is "acting in concert" with, or (iii) is otherwise required to aggregate its
sales pursuant to Rule 144(e) with, any of the sellers listed in Exhibit A.
Nevertheless, as a prudential matter the MRG Volaris Trust hereby discloses the
sales made by such sellers.
The MRG Volaris Trust is complying with the provisions of Rule 144 under the
Securities Act of 1933 ("Rule 144") in connection with the proposed sale of
securities reported on this Form 144 as if it were an "affiliate" of AIG, as
such term is defined under Rule 144, as a prudential matter, but the filing of
this Form 144 shall not be construed as an acknowledgment or admission by the
MRG Volaris Trust that it is, for purposes of Rule 144 or otherwise, an
"affiliate" of AIG.