Allied World Assurance Co Holdings, AG 4
4 · Allied World Assurance Co Holdings, AG · Filed Feb 22, 2017
Insider Transaction Report
Form 4
Bender John
Pres. & COO, Allied World Re.
Transactions
- Tax Payment
Common Shares
2017-02-17$53.52/sh−472$25,261→ 133,145 total - Tax Payment
Common Shares
2017-02-18$53.52/sh−362$19,374→ 133,524 total - Exercise/Conversion
Common Shares
2017-02-19+1,767→ 135,291 total - Exercise/Conversion
Restricted Stock Units
2017-02-17−1,445→ 13,095 total→ Common Shares (1,445 underlying) - Disposition to Issuer
Common Shares
2017-02-17$53.37/sh−578$30,850→ 133,617 total - Exercise/Conversion
Restricted Stock Units
2017-02-18−1,482→ 11,613 total→ Common Shares (1,482 underlying) - Disposition to Issuer
Common Shares
2017-02-18$53.37/sh−741$39,550→ 133,886 total - Exercise/Conversion
Restricted Stock Units
2017-02-19−1,767→ 9,846 total→ Common Shares (1,767 underlying) - Exercise/Conversion
Common Shares
2017-02-17+1,445→ 134,195 total - Exercise/Conversion
Common Shares
2017-02-18+1,482→ 134,627 total - Disposition to Issuer
Common Shares
2017-02-19$53.37/sh−1,767$94,312→ 133,524 total
Footnotes (11)
- [F1]On February 17, 2015, the reporting person was granted 5,778 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 3,467 common shares and (ii) cash equal to the market value of 2,311 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- [F10]The Restricted Stock Units vest in four equal installments with the first installment vesting on February 18, 2015.
- [F11]The Restricted Stock Units vest in four equal installments with the first installment vesting on February 19, 2014.
- [F2]The fair market value of the cash portion was determined using the daily volume-weighted average sales price of the common shares for the five consecutive trading days up to and including February 17, 2017.
- [F3]Exclusively represents shares withheld by the Company with respect to the payment of withholding tax liability incurred upon the vesting of Restricted Stock Units.
- [F4]On February 18, 2014, the reporting person was granted 5,922 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 2,961 common shares and (ii) cash equal to the market value of 2,961 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- [F5]The fair market value of the cash portion was determined using the daily volume-weighted average sales price of the common shares for the five consecutive trading days prior to February 18, 2017.
- [F6]On February 19, 2013, the reporting person was granted 7,062 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into cash equal to the market value of 7,062 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- [F7]The fair market value was determined using the daily volume-weighted average sales price of the common shares for the five consecutive trading days prior to February 19, 2017.
- [F8]The Restricted Stock Units vest in four equal installments with the first installment vesting on February 17, 2016.
- [F9]Represents Restricted Stock Units held by the reporting person that vest in whole or in part in cash.