4//SEC Filing
Rajpal Sumit 4
Accession 0000769993-10-000540
CIK 0001348259other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 7:20 PM ET
Size
6.3 KB
Accession
0000769993-10-000540
Insider Transaction Report
Form 4
Rajpal Sumit
Director
Transactions
- Other
Common Stock
2010-12-14$30.00/sh−3,148,861$94,465,830→ 9,634,782 total(indirect: See footnote)
Footnotes (2)
- [F1]On December 8, 2010, pursuant to the tender offer by Validus Holdings, Ltd. (the "Company") for up to 7,945,000 shares of its common stock, par value $0.175 per share (the "Common Stock"), at a price of $30.00 per share upon the terms and subject to the conditions described in the Offer to Purchase and Letter of Transmittal, each dated November 8, 2010, and filed with the Securities and Exchange Commission in the Company's Schedule TO on November 8, 2010 (as amended), certain investment partnerships of which affiliates of Goldman, Sachs & Co. ("Goldman Sachs") and The Goldman Sachs Group, Inc. ("GS Group") are the general partner, managing general partner or managing limited partner (the "Limited Partnerships") tendered and, on December 14, 2010, the Company accepted for payment 3,148,861 shares of Common Stock.
- [F2]The Reporting Person is a managing director of Goldman Sachs. Goldman Sachs is a wholly-owned subsidiary of GS Group. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any. As of December 14, 2010, Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 9,634,782 shares of Common Stock by reason of the beneficial ownership of such shares by the Limited Partnerships.
Documents
Issuer
VALIDUS HOLDINGS LTD
CIK 0001348259
Entity typeother
Related Parties
1- filerCIK 0001406540
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 7:20 PM ET
- Size
- 6.3 KB