4//SEC Filing
XL GROUP PLC 4
Accession 0001209191-16-118823
CIK 0000875159operating
Filed
May 9, 8:00 PM ET
Accepted
May 10, 4:41 PM ET
Size
13.5 KB
Accession
0001209191-16-118823
Insider Transaction Report
Form 4
Rosengarten Jacob D.
Chief Enterprise Risk Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2016-05-06+459→ 41,468 total - Exercise/Conversion
Ordinary Shares
2016-05-06+9,431→ 41,009 total - Tax Payment
Ordinary Shares
2016-05-06$33.11/sh−4,841$160,286→ 36,627 total - Exercise/Conversion
Restricted Stock Units
2016-05-06−9,431→ 15,719 total→ Ordinary Shares (9,431 underlying) - Exercise/Conversion
Dividend Equivalent Units
2016-05-06−459→ 460.23 total→ Ordinary Shares (459 underlying)
Footnotes (6)
- [F1]Shares acquired in relation to the 2014 restricted stock unit award vesting.
- [F2]Each restricted stock unit represents a contingent right to receive one XL ordinary share.
- [F3]Shares acquired in relation to the 2014 dividend equivalent unit award vesting.
- [F4]Settlement of dividend equivalent rights in connection with vesting of restricted stock units. The rights accrued when and as dividends were paid on XL ordinary shares. Each dividend equivalent right is the economic equivalent of one XL ordinary share.
- [F5]Shares disposed of represent withholding to satisfy a tax obligation upon vesting of restricted stock units and associated dividend equivalent units.
- [F6]Restricted stock units granted on May 6, 2014 vest 20% upon the 1st anniversary of the grant date; 30% on the 2nd anniversary; 50% on 3rd anniversary and the reporting person's employment continues through such vesting dates.
Documents
Issuer
XL GROUP PLC
CIK 0000875159
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0000875159
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 4:41 PM ET
- Size
- 13.5 KB