ASPEN INSURANCE HOLDINGS LTD 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Oct 22, 2014
Insider Transaction Report
Form 4
Few James
CEO Aspen Re
Transactions
- Other
Restricted Share Units (2014 Grant)
2014-10-20−8,573→ 4,287 total→ Ordinary Shares (8,573 underlying) - Other
Restricted Share Units (2013 Grant)
2014-10-20−3,310→ 3,310 total→ Ordinary Shares (3,310 underlying)
Footnotes (5)
- [F1]Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- [F2]Pursuant to the Severance Agreement dated as of October 20, 2014 between the Reporting Person and Aspen Bermuda Limited, the Reporting Person forfeited 8,573 2014 Restricted Share Units.
- [F3]Represents 2014 Restricted Share Units granted on April 25, 2014 under our 2013 Share Incentive Plan. One-third of the 2014 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 2014 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.
- [F4]Pursuant to the Severance Agreement dated as of October 20, 2014 between the Reporting Person and Aspen Bermuda Limited, the Reporting Person forfeited 3,310 2013 Restricted Share Units.
- [F5]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.