ASPEN INSURANCE HOLDINGS LTD 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Feb 13, 2015
Insider Transaction Report
Form 4
Rupert Villers
Chairman Aspen Insurance
Transactions
- Award
Ordinary Shares
2015-02-11+3,310→ 58,544 total - Tax Payment
Ordinary Shares
2015-02-11$45.65/sh−1,556$71,031→ 56,988 total - Exercise/Conversion
Restricted Share Units (2013 Grant)
2015-02-11−3,310→ 3,310 total→ Ordinary Shares (3,310 underlying)
Footnotes (5)
- [F1]Ordinary shares acquired upon mandatory conversion of previously granted Restricted Share Units.
- [F2]The amount of ordinary shares beneficially owned by the Reporting Person following the transactions reported on the Form 4 filed on February 10, 2015 omitted 1,998 ordinary shares. However, these 1,998 ordinary shares were included in Reporting Person's acquisition of the 4,249 ordinary shares reported on the Form 4 filed on February 10, 2015.
- [F3]Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted Restricted Share Units.
- [F4]Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- [F5]Represents 2012 Restricted Share Units granted on February 8, 2012 under our 2003 Share Incentive Plan (as amended). One-third of the 2012 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 2012 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.