ASPEN INSURANCE HOLDINGS LTD 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Jan 16, 2015
Insider Transaction Report
Form 4
Worth John A
CFO
Transactions
- Other
Restricted Share Units (2014 Grant)
2015-01-14−4,822→ 0 total→ Ordinary Shares (4,822 underlying)
Footnotes (3)
- [F1]Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- [F2]Pursuant to the Settlement Agreement dated as of January 14, 2015 between the Reporting Person and Aspen Insurance UK Services Limited, the Reporting Person forfeited 4,822 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.