XL GROUP PLC 4
4 · XL GROUP PLC · Filed May 24, 2016
Insider Transaction Report
Form 4
Labarge Suzanne B
Director
Transactions
- Award
Ordinary Shares
2016-05-20+1,089→ 1,089 total - Tax Payment
Ordinary Shares
2016-05-20$34.45/sh−364$12,540→ 725 total
Holdings
- 15,332(indirect: By personal holding company)
Ordinary Shares
Footnotes (2)
- [F1]Shares acquired represent the director's 2016 annual stock award, prorated for the portion of the service period for which the director is expected to serve on the board of directors of XL Group plc, based upon the anticipated effective date of the redomestication from Ireland to Bermuda as disclosed in XL Group plc's proxy statement filed with the Securities and Exchange Commission on May 11, 2016. The award was immediately vested as of the grant date.
- [F2]Shares disposed of represent withholding to satisfy a tax obligation upon vesting of the stock award.