AXIS CAPITAL HOLDINGS LTD 4
4 · AXIS CAPITAL HOLDINGS LTD · Filed Feb 4, 2016
Insider Transaction Report
Form 4
Gieryn Richard T JR
General Counsel and Secretary
Transactions
- Award
Restricted Stock Units
2016-02-02+669→ 669 total→ Common Shares (669 underlying) - Award
Restricted Stock Units
2016-02-02+6,691→ 6,691 total→ Common Shares (6,691 underlying)
Footnotes (3)
- [F1]Upon vesting, each restricted stock unit will be equal in value to one common share (50% of the restricted stock units will be settled in common shares and 50% will be settled in cash).
- [F2]The restricted stock units vest in four equal annual installments beginning March 1, 2017.
- [F3]Represents a guaranteed minimum award of performance-based restricted stock units. The award may increase up to 13,383 restricted stock units provided that certain Company performance conditions are satisfied. The award will be eligible to vest in a single installment on March 1, 2019.