4//SEC Filing
Krantz James A 4
Accession 0001209191-09-011564
CIK 0001171500other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:42 PM ET
Size
13.4 KB
Accession
0001209191-09-011564
Insider Transaction Report
Form 4
Krantz James A
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares
2009-02-24+650→ 39,871 total - Exercise/Conversion
Restricted share units
2009-02-24−650→ 0 total→ Common Shares (0 underlying) - Award
Share units
2009-02-23+5,432→ 5,432 total→ Common Shares (5,432 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]These share units were awarded pursuant to the Company's Amended and Restated Annual Incentive Plan. The share units are fully vested and will be paid to the reporting person 30 days after the date of grant in the form of one Common Share of the Company for each share unit awarded to the reporting person, reduced by the number of Common Shares which are equal in Fair Market Value (as defined in the 2006 Share Incentive Plan) on such date to the reporting person's tax withholding obligation.
- [F3]These restricted share units ("RSUs") were awarded on February 24, 2005 under the 2002 Share Incentive Plan of Platinum Underwriters Holdings, Ltd. (the "Company"). On the fourth anniversary of the date of the grant, the Company issued to the reporting person one Common Share of the Company for each of the final 50% of the RSUs awarded to the reporting person.
Issuer
PLATINUM UNDERWRITERS HOLDINGS LTD
CIK 0001171500
Entity typeother
Related Parties
1- filerCIK 0001370690
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:42 PM ET
- Size
- 13.4 KB