AXIS CAPITAL HOLDINGS LTD 4
4 · AXIS CAPITAL HOLDINGS LTD · Filed Dec 9, 2016
Insider Transaction Report
Form 4
DiSipio Christopher N.
CEO, AXIS Accident & Health
Transactions
- Award
Restricted Stock Units
2016-12-07+11,368→ 12,180 total→ Common Stock (11,368 underlying)
Footnotes (2)
- [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]On December 7, 2016, the Company's Compensation Committee determined satisfaction of performance criteria for performance-based restricted stock units granted on February 4, 2014. This amount represents additional performance-based restricted stock units that have been earned pursuant to the award in addition to the guaranteed minimum payout of 812 restricted stock units which were previously reported on February 6, 2014. The restricted stock units will vest in a single installment on March 1, 2017.