Bell David 4
4 · Allied World Assurance Co Holdings, AG · Filed Feb 28, 2012
Insider Transaction Report
Form 4
Bell David
COO, AWAC
Transactions
- Exercise/Conversion
Common Shares
2011-02-26+624→ 54,029 total - Disposition to Issuer
Common Shares
2011-02-26$67.76/sh−312$21,142→ 53,717 total - Exercise/Conversion
Restricted Stock Units
2012-02-26−624→ 3,094 total→ Common Shares (624 underlying)
Footnotes (2)
- [F1]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. The Restricted Stock Units vest in four equal annual installments with the first installment vesting on February 26, 2010.
- [F2]The number represents the cash portion of the above award and the price per share was determined using the daily volume-weighted average sales price of the Company's Common Shares for the five consecutive trading days prior to February 26, 2012.