Bell David 4
4 · Allied World Assurance Co Holdings, AG · Filed Mar 1, 2011
Insider Transaction Report
Form 4
Bell David
COO, AWAC
Transactions
- Sale
Common Shares
2011-02-25$60.92/sh−2,500$152,302→ 47,066 total - Exercise/Conversion
Common Shares
2011-02-26+626→ 47,692 total - Disposition to Issuer
Common Shares
2011-02-26$61.25/sh−313$19,173→ 47,379 total - Exercise/Conversion
Restricted Stock Units
2011-02-26−626→ 4,790 totalFrom: 2010-02-26Exp: 2013-02-26→ Common Shares (626 underlying)
Footnotes (4)
- [F1]Represents a weighted average sale price: the sales prices range from $60.86 to $61.01. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.
- [F2]On February 26, 2009, the reporting person was granted 2,500 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 1,250 of the Company's Common Shares and (ii) cash equal to the market value of 1,250 Common Shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- [F3]The fair market value of the cash portion was determined using the daily volume-weighted average sales price of the Company's Common Shares for the five consecutive trading days up to and including February 25, 2011.
- [F4]The Restricted Stock Units vest in four equal annual installments with the first installment vesting on February 26, 2010.