ASPEN INSURANCE HOLDINGS LTD 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Feb 12, 2014
Insider Transaction Report
Form 4
Worth John A
CFO
Transactions
- Award
Ordinary Shares
2014-02-11+7,094→ 8,792 total - Tax Payment
Ordinary Shares
2014-02-11$37.94/sh−3,335$126,530→ 5,457 total - Exercise/Conversion
Restricted Share Units (2013 Grant)
2014-02-11−7,094→ 14,188 total→ Ordinary Shares (7,094 underlying)
Footnotes (4)
- [F1]Ordinary shares acquired upon mandatory conversion of previously granted Restricted Share Units.
- [F2]Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted Restricted Share Units.
- [F3]Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- [F4]Represents 2013 Restricted Share Units granted on February 11, 2013 under our 2003 Share Incentive Plan (as amended). One-third of the 2013 Restricted Share Units vests annually on the anniversary of the grant date over a three-year period, in each case subject to the Reporting Person's continued service. Upon vesting of the 2013 Restricted Share Units, the Reporting Person shall be entitled to received a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.