LYLES KELLY JEAN 4

Accession 0001209191-18-015619

CIK 0000875159other

View on SEC.gov Company Profile

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 4:19 PM ET

Size

37.7 KB

Accession

0001209191-18-015619

Insider Transaction Report

Form 4

Period: 2018-02-28

XL GROUP LTDXL

LYLES KELLY JEAN

Chief Regional Officer Ins

Transactions

Exercise/Conversion
Dividend Equivalent Rights
2018-02-28−485→ 486.09 total
→ Common Shares (485 underlying)
Exercise/Conversion
Dividend Equivalent Rights
2018-02-28−46→ 93.33 total
→ Common Shares (46 underlying)
Exercise/Conversion
XL Common Shares
2018-02-28+7,548→ 22,272 total
Tax Payment
XL Common Shares
2018-02-28$42.31/sh−3,776$159,763→ 18,981 total
Exercise/Conversion
XL Common Shares
2018-02-28+4,605→ 23,586 total
Exercise/Conversion
XL Common Shares
2018-02-28+2,059→ 23,642 total
Exercise/Conversion
Restricted Stock Units
2018-02-28−7,548→ 3,322 total
→ Common Shares (7,548 underlying)
Exercise/Conversion
XL Common Shares
2018-02-28+485→ 22,757 total
Exercise/Conversion
XL Common Shares
2018-02-28+307→ 23,893 total
Tax Payment
XL Common Shares
2018-02-28$42.31/sh−2,310$97,736→ 21,583 total
Exercise/Conversion
XL Common Shares
2018-02-28+46→ 23,688 total
Tax Payment
XL Common Shares
2018-02-28$42.31/sh−990$41,887→ 22,698 total
Award
Employee Stock Option (Right to buy)
2018-02-28+19,343→ 19,343 total
Exercise: $42.31Exp: 2028-02-28→ Common Shares (19,343 underlying)
Award
Restricted Stock Units
2018-02-28+4,728→ 4,728 total
→ Common Shares (4,728 underlying)
Exercise/Conversion
Restricted Stock Units
2018-02-28−4,605→ 0 total
→ Common Shares (4,605 underlying)
Exercise/Conversion
Dividend Equivalent Rights
2018-02-28−307→ 0 total
→ Common Shares (307 underlying)
Exercise/Conversion
Restricted Stock Units
2018-02-28−2,059→ 4,116 total
→ Common Shares (2,059 underlying)

Footnotes (14)

[F1]Shares acquired in relation to the 2014 restricted stock unit award vesting.
[F10]Exercisable in three equal installments commencing on the first anniversary of the grant.
[F11]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.
[F12]Restricted stock units granted on September 9, 2014 vest in four installments on February 28, 2016, 2017, 2018 and 2019, provided the reporting person's employment continues through such vesting dates.
[F13]Restricted stock units granted on February 28, 2015 vest in three equal annual installments on each anniversary of the grant date (February 28, 2016, 2017 and 2018), provided the reporting person's employment continues through such vesting dates.
[F14]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.
[F2]Each restricted stock unit represents a contingent right to receive one XL common share.
[F3]Shares acquired in relation to the 2014 dividend equivalent unit award vesting.
[F4]Settlement of dividend equivalent rights in connection with vesting of restricted stock units. The rights accrued as dividends were paid on XL common shares and vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one XL common share.
[F5]Shares disposed of represent withholding to satisfy a tax obligation upon vesting of restricted stock units and associated dividend equivalent units.
[F6]Shares acquired in relation to the 2015 restricted stock unit award vesting.
[F7]Shares acquired in relation to the 2015 dividend equivalent unit award vesting.
[F8]Shares acquired in relation to the 2017 restricted stock unit award vesting.
[F9]Shares acquired in relation to the 2017 dividend equivalent unit award vesting.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

XL GROUP LTD

CIK 0000875159

→

Entity typeother

Related Parties

filerCIK 0001640696

Filing Metadata

Form type: 4
Filed: Mar 1, 7:00 PM ET
Accepted: Mar 2, 4:19 PM ET
Size: 37.7 KB

View on SEC.gov