ENDURANCE SPECIALTY HOLDINGS LTD 4
4 · ENDURANCE SPECIALTY HOLDINGS LTD · Filed Mar 3, 2015
Insider Transaction Report
Form 4
Goshen Brian W
Chief Human Resources Officer
Transactions
- Tax Payment
Ordinary Shares, par value $1.00 per share
2015-03-01$63.57/sh−334$21,232→ 16,798 total - Award
Ordinary Shares, par value $1.00 per share
2015-03-01+8,272→ 11,742 total - Award
Ordinary Shares, par value $1.00 per share
2015-03-01+5,390→ 17,132 total
Footnotes (3)
- [F1]The performance-based restricted shares will vest on March 1, 2018. The actual number of shares vesting on that date will range from 0% to 100% of the number of shares listed herein, based on the Company's achievement of total shareholder return over a three year period beginning on January 1, 2015 and ending on December 31, 2017, relative to the peer group designated by the Company's Compensation Committee. The target number of shares to be earned is 50% of the number of shares listed herein.
- [F2]The restricted ordinary shares were granted pursuant to the terms of the Company's 2007 Equity Incentive Plan and vest 25% per year beginning on the first anniversary of the grant date.
- [F3]Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted restricted shares.