PLATINUM UNDERWRITERS HOLDINGS LTD 4
4 · PLATINUM UNDERWRITERS HOLDINGS LTD · Filed Feb 19, 2014
Insider Transaction Report
Form 4
Decleir Allan Carl
Executive Vice President
Transactions
- Exercise/Conversion
Common Shares
2014-02-16+1,145→ 35,072 total - Award
Common Shares
2014-02-16+1,142→ 33,927 total - Exercise/Conversion
Share units
2014-02-16−1,145→ 1,145 total→ Common Shares (1,145 underlying)
Footnotes (3)
- [F1]These common shares represent the payment of an award granted on February 16, 2011 under the Amended and Restated Executive Incentive Plan of Platinum Underwriters Holdings, Ltd. (the "Company") for the 2011-2013 performance cycle.
- [F2]1-for-1
- [F3]These share units were granted on February 16, 2011 under the Company's 2010 Share Incentive Plan. On February 16, 2014, the third quarter of these shares vested and the Company issued to the reporting person one Common Share for each vested share unit. The remaining share units will vest on the fourth anniversary of the date of grant, and on this vesting date the Company will issue to the reporting person one Common Share for each vested share unit.