4//SEC Filing
JARDINE PAUL ANDREW 4
Accession 0001209191-18-015604
CIK 0000875159other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:16 PM ET
Size
18.4 KB
Accession
0001209191-18-015604
Insider Transaction Report
Form 4
JARDINE PAUL ANDREW
Chief Experience Officer
Transactions
- Exercise/Conversion
XL Common Shares
2018-02-28+2,264→ 51,109 total - Award
Employee Stock Option (Right to buy)
2018-02-28+21,277→ 21,277 totalExercise: $42.31Exp: 2028-02-28→ Common Shares (21,277 underlying) - Award
Restricted Stock Units
2018-02-28+5,200→ 5,200 total→ Common Shares (5,200 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2018-02-28−51→ 102.25 total→ Common Shares (51 underlying) - Exercise/Conversion
XL Common Shares
2018-02-28+51→ 51,160 total - Tax Payment
XL Common Shares
2018-02-28$42.31/sh−1,089$46,076→ 50,071 total - Exercise/Conversion
Restricted Stock Units
2018-02-28−2,264→ 4,528 total→ Common Shares (2,264 underlying)
Footnotes (8)
- [F1]Shares acquired in relation to the 2017 restricted stock unit award vesting.
- [F2]Each restricted stock unit represents a contingent right to receive one XL common share.
- [F3]Shares acquired in relation to the 2017 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 common stock. Each dividend equivalent right is the economic equivalent of one share of XL common stock.
- [F5]Shares disposed of represent withholding to satisfy a tax obligation upon vesting of restricted stock units and associated dividend equivalent units.
- [F6]Exercisable in three equal annual installments commencing on the first anniversary of the grant.
- [F7]Restricted stock units granted on February 28, 2018 vest in three equal annual installments on each anniversary of the grant date (February 28, 2019, 2020 and 2021), provided the reporting person's employment continues through such vesting dates.
- [F8]Restricted stock units granted on February 28, 2017 vest in three equal annual installments on each anniversary of the grant date (February 28, 2018, 2019 and 2020), provided the reporting person's employment continues through such vesting dates.
Documents
Issuer
XL GROUP LTD
CIK 0000875159
Entity typeother
Related Parties
1- filerCIK 0001640527
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:16 PM ET
- Size
- 18.4 KB