Home/Filings/4/0001127602-20-000908
4//SEC Filing

Gillis Frank Lauren 4

Accession 0001127602-20-000908

CIK 0001527469other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 6:36 PM ET

Size

6.9 KB

Accession

0001127602-20-000908

Insider Transaction Report

Form 4
Period: 2019-12-31
Transactions
  • Tax Payment

    Class M-4 Prime Common Shares

    2019-12-31$13.01/sh5,866.16$76,319154,069.99 total
    Exercise: $33.95Class A Common Shares (5,866.16 underlying)
Footnotes (3)
  • [F1]These Class M-4 Prime common shares are exchangeable into Class A common shares, on a one-to-one basis, once vested and upon payment of the conversion price (which can be paid in cash or shares).
  • [F2]This reported transaction represents shares withheld to satisfy tax withholding obligations in connection with the vesting of Class M-4 Prime common shares. The price of derivative security represents the per share value of the Class M-4 Prime common shares used to calculate the number of shares withheld.
  • [F3]One-third of these Class M-4 Prime common shares vest based on time, and such shares fully accelerated and vested on December 31, 2019 pursuant to the terms of a transition agreement between the Reporting Person and the Issuer; one-third vest upon the trading price of the Class A common shares attaining a per-share volume weighted average closing trading price of $50 or more during any 120-day period (or upon a sale or change in control in which Class A common shares are valued at $50 or more); and one-third vest upon the trading price of the Class A common shares attaining a per-share volume weighted average closing trading price of $70 or more during any 120-day period (or upon a sale or change in control in which Class A common shares are valued at $70 or more). Once vested, these Class M-4 Prime common shares have no expiration date and can be converted at the holder's election into Class A common shares at any time. Any remaining unvested Class M-4 Prime common shares expire May 15, 2026.

Issuer

Athene Holding Ltd

CIK 0001527469

Entity typeother

Related Parties

1
  • filerCIK 0001689345

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:36 PM ET
Size
6.9 KB