Veghte James Howell 4
4 · XL GROUP PLC · Filed Mar 4, 2013
Insider Transaction Report
Form 4
Veghte James Howell
Executive Vice President
Transactions
- Award
XL Ordinary Shares
2013-02-28+20,952→ 103,992 total - Tax Payment
XL Ordinary Shares
2013-02-28−7,102→ 96,890 total - Award
Employee Stock Option (Right to buy)
2013-02-28+116,307→ 116,307 totalExercise: $28.64Exp: 2023-02-28→ Ordinary Shares (116,307 underlying)
Footnotes (3)
- [F1]Represents settlement of long-term incentives for the 2010-2012 performance cycle. The Form 4 filed on August 12, 2011 erroneously stated Mr. Veghte's beneficial ownership of XL ordinary shares due to a typographical error. Table I reflects the corrected number of XL ordinary shares beneficially owned following the February 28, 2013 transaction.
- [F2]Shares disposed of represent withholding to satisfy tax obligations on vesting of long-term incentives for the 2010-2012 performance cycle.
- [F3]Exercisable in three equal annual installments commencing on the first anniversary of the grant.