4//SEC Filing
ASPEN INSURANCE HOLDINGS LTD 4
Accession 0001209191-14-013384
$AHLCIK 0001267395operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 1:34 PM ET
Size
21.0 KB
Accession
0001209191-14-013384
Insider Transaction Report
Form 4
Rupert Villers
Chairman Aspen Insurance
Transactions
- Award
Ordinary Shares
2014-02-20+36,144→ 68,925 total - Award
2011 Performance Shares
2014-02-20+19,488→ 36,144 total→ Ordinary Shares (19,488 underlying) - Tax Payment
Ordinary Shares
2014-02-20$37.89/sh−17,242$653,367→ 51,683 total - Exercise/Conversion
2011 Performance Shares
2014-02-20−36,144→ 0 total→ Ordinary Shares (36,144 underlying) - Award
2012 Performance Shares
2014-02-20+3,918→ 12,075 total→ Ordinary Shares (3,918 underlying) - Award
2013 Performance Shares
2014-02-20+3,126→ 3,126 total→ Ordinary Shares (3,126 underlying)
Footnotes (8)
- [F1]Ordinary shares acquired upon mandatory conversion of Performance Shares in accordance with the performance conditions having been met.
- [F2]Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted Performance Shares.
- [F3]The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $37.7000 to $37.9000. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F4]Each Performance Share represents the right to receive one share of the Issuer's Ordinary Shares.
- [F5]Represents 2011 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2011 Performance Share award is tested annually over a three-year period. All vested 2011 Performance Shares are issued following the filing of the annual report on Form 10-K for the year ended December 31, 2013.
- [F6]Represents mandatory conversion into Issuer's Ordinary Shares of all 2011 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer and filing of the annual report on Form 10-K for the year ended December 31, 2013.
- [F7]Represents 2012 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2012 Performance Share award is tested annually over a three-year period. All vested 2012 Performance Shares are issued following the filing of the annual report on Form 10-K for the year ended December 31, 2014.
- [F8]Represents 2013 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2013 Performance Share award is tested annually over a three-year period. All vested 2013 Performance Shares are issued following the filing of the annual report on Form 10-K for the year ended December 31, 2015.
Issuer
ASPEN INSURANCE HOLDINGS LTD
CIK 0001267395
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001267395
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 1:34 PM ET
- Size
- 21.0 KB