Allied World Assurance Co Holdings, AG 4
4 · Allied World Assurance Co Holdings, AG · Filed Feb 24, 2017
Insider Transaction Report
Form 4
Dupont Wesley D
SVP, Gen. Counsel & Secretary
Transactions
- Disposition to Issuer
Common Shares
2017-02-22$53.38/sh−294$15,693→ 203,361 total - Exercise/Conversion
Restricted Stock Units
2017-02-22−1,472→ 9,484 total→ Common Shares (1,472 underlying) - Exercise/Conversion
Common Shares
2017-02-22+1,472→ 203,655 total - Tax Payment
Common Shares
2017-02-22$53.12/sh−425$22,576→ 202,936 total
Holdings
- 9,260(indirect: By Trust)
Common Shares
Footnotes (6)
- [F1]On February 22, 2016, the reporting person was granted 5,892 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 4,714 common shares and (ii) cash equal to the market value of 1,178 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- [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 22, 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]Represents 9,260 shares gifted to a charitable trust.
- [F5]The Restricted Stock Units vest in four equal installments with the first installment vesting on February 22, 2017.
- [F6]Represents Restricted Stock Units held by the reporting person that vest in whole or in part in cash.