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VALIDUS HOLDINGS LTD·4

Dec 4, 6:10 PM ET

VALIDUS HOLDINGS LTD 4

4 · VALIDUS HOLDINGS LTD · Filed Dec 4, 2015

Insider Transaction Report

Form 4
Period: 2015-12-02
VALIDUS HOLDINGS LTDVR
Watson Christopher E
Director
Transactions
  • Exercise/Conversion

    Common Shares

    2015-12-02$17.50/sh+6,025.61$105,448→ 6,025.61 total
  • Tax Payment

    Common Shares

    2015-12-02$47.68/sh−2,211.58$105,448→ 3,814 total
  • Exercise/Conversion

    Warrants (right to buy)

    2015-12-02−6,025.61→ 0 total
    Exercise: $17.50Exp: 2015-12-12→ Common Shares (6,025.61 underlying)
Footnotes (2)
  • [F1]On December 2, 2015, the Reporting Person exercised warrants to purchase Common shares ("Common Shares") of Validus Holdings, Ltd. (the "Issuer"). The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding Common Shares to pay the exercise price and issuing the remaining Common Shares to the Reporting Person. The Issuer also paid cash to the Reporting Person in lieu of issuing fractional shares.
  • [F2]These warrants are exercisable at any time prior to their expiration date.

Documents

2 files