4//SEC Filing
MARSH & MCLENNAN CAPITAL PROFESSIONALS FUND LP 4
Accession 0001181431-04-021831
CIK 0001214816other
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 5:42 PM ET
Size
20.3 KB
Accession
0001181431-04-021831
Insider Transaction Report
Form 4
Transactions
- Other
Common Shares
2003-12-30$29.27/sh+267,146$7,819,363→ 5,374,252 total(indirect: See Footnote)
Holdings
- 286,542(indirect: See Footnote)
Common Shares
- 11,792(indirect: See Footnote)
Common Shares
- 89,159(indirect: See Footnote)
Common Shares
- 7,404,827(indirect: See Footnotes)
Common Shares
Transactions
- Other
Common Shares
2003-12-30$29.27/sh+267,146$7,819,363→ 5,374,252 total(indirect: See Footnote)
Holdings
- 286,542(indirect: See Footnote)
Common Shares
- 11,792(indirect: See Footnote)
Common Shares
- 89,159(indirect: See Footnote)
Common Shares
- 7,404,827(indirect: See Footnotes)
Common Shares
Transactions
- Other
Common Shares
2003-12-30$29.27/sh+267,146$7,819,363→ 5,374,252 total(indirect: See Footnote)
Holdings
- 286,542(indirect: See Footnote)
Common Shares
- 89,159(indirect: See Footnote)
Common Shares
- 11,792(indirect: See Footnote)
Common Shares
- 7,404,827(indirect: See Footnotes)
Common Shares
Transactions
- Other
Common Shares
2003-12-30$29.27/sh+267,146$7,819,363→ 5,374,252 total(indirect: See Footnote)
Holdings
- 286,542(indirect: See Footnote)
Common Shares
- 89,159(indirect: See Footnote)
Common Shares
- 7,404,827(indirect: See Footnotes)
Common Shares
- 11,792(indirect: See Footnote)
Common Shares
MMC CAPITAL INC
Other
Transactions
- Other
Common Shares
2003-12-30$29.27/sh+267,146$7,819,363→ 5,374,252 total(indirect: See Footnote)
Holdings
- 7,404,827(indirect: See Footnotes)
Common Shares
- 286,542(indirect: See Footnote)
Common Shares
- 11,792(indirect: See Footnote)
Common Shares
- 89,159(indirect: See Footnote)
Common Shares
Transactions
- Other
Common Shares
2003-12-30$29.27/sh+267,146$7,819,363→ 5,374,252 total(indirect: See Footnote)
Holdings
- 7,404,827(indirect: See Footnotes)
Common Shares
- 11,792(indirect: See Footnote)
Common Shares
- 286,542(indirect: See Footnote)
Common Shares
- 89,159(indirect: See Footnote)
Common Shares
Footnotes (8)
- [F1]Marsh & McLennan Risk Capital Holdings, Ltd. ("MMRCH"), a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. ("MMC"), increased its limited partnership interest in Trident II, L.P. ("Trident") through the acquisition of a limited partnership interest in Trident in a private transaction on December 30, 2003. As a result of this transaction, MMC's pecuniary interest in the portfolio investments owned by Trident may be deemed to have increased from approximately 29.13% to approximately 30.66% and indirectly MMC's pecuniary interest in the Common Shares (the "Common Shares") of AXIS Capital Holdings Limited ("AXIS") owned by Trident may be deemed to have increased by 267,146 Common Shares to a total of 5,374,252 Common Shares as of December 30, 2003. MMC and its subsidiaries each disclaim any beneficial ownership of any Common Shares held by Trident. This report shall not be deemed an admission that any such person is the beneficial owner of such securities.
- [F2]Based on the December 30, 2003 closing price of Common Shares on the New York Stock Exchange of $29.27.
- [F3]MMRCH has agreed that it will coordinate the timing of the sale of Common Shares held by it with the sale of Common Shares held by Trident. As a result of such agreement, MMC and MMRCH may be deemed to beneficially own Common Shares that are held by Trident. MMC and MMRCH each disclaim any beneficial ownership that may be attributed to them as a result of such agreement. This report shall not be deemed an admission that any such person is the beneficial owner of such securities. Trident has made separate filings with respect to the Common Shares beneficially owned by it.
- [F4]MMRCH owns a limited partnership interest in Trident. The sole general partner of Trident is Trident Capital II, L.P. ("Trident GP"). The general partners of Trident GP are Marsh & McLennan GP I, Inc. ("MMGPI"), a wholly-owned subsidiary of MMC, and two single member limited liability companies that are owned by individuals who are senior executive officers of MMC. In the Trident filings, the two single member limited liability companies that act as general partners of Trident GP each disclaimed beneficial ownership of Common Shares that are, or may be deemed to be, beneficially owned by Trident. MMC, MMRCH and MMGPI each disclaim beneficial ownership of Common Shares that are, or may be deemed to be, beneficially owned by Trident. This report shall not be deemed an admission that any such person is the beneficial owner of such securities.
- [F5]Marsh & McLennan Capital Professionals Fund, L.P. ("CPF") beneficially owns 490,756 Common Shares and Marsh & McLennan Employees' Security Company , L.P. ("ESC") beneficially owns 493,469 Common Shares. By virtue of holding indirect partnership interests in ESC and CPF, MMC has a pecuniary interest in approximately 57.29% of the Common Shares beneficially owned by CPF (281,174 Common Shares) and approximately 1.09% of the Common Shares beneficially owned by ESC (5,368 Common Shares).
- [F6]Common Shares held of record by Putnam Investments Holdings, LLC ("Putnam"), an indirect subsidiary of MMC.
- [F7]Common Shares owned of record by MMRCH.
- [F8]Common Shares owned of record by MMC Capital, Inc.
Documents
Issuer
AXIS CAPITAL HOLDINGS LTD
CIK 0001214816
Entity typeother
Related Parties
1- filerCIK 0001098152
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 5:42 PM ET
- Size
- 20.3 KB