4//SEC Filing
COMEY DALE 4
Accession 0001209191-18-051046
CIK 0000875159other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 4:05 PM ET
Size
8.2 KB
Accession
0001209191-18-051046
Insider Transaction Report
Form 4
COMEY DALE
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to buy)
2018-09-12$57.60/sh−10,000$576,000→ 0 totalExercise: $9.84From: 2009-05-01Exp: 2019-05-01→ Common Shares (10,000 underlying) - Disposition to Issuer
Common Shares
2018-09-12$57.60/sh−73,695$4,244,832→ 0 total
Footnotes (3)
- [F1]Disposed of following the completion of the merger (the "Merger") described in the Agreement and Plan of Merger, dated as of March 5, 2018, by and among AXA SA, Camelot Holdings Ltd. and the Issuer. At the effective time of the Merger, each issued and outstanding common share of XL Group Ltd was automatically cancelled and converted into the right to receive $57.60 in cash (the "Merger Consideration").
- [F2]Includes all common shares held directly by the Reporting Person immediately prior to the Merger and which were automatically cancelled and converted into the right to receive the Merger Consideration.
- [F3]At the effective time of the Merger, each option to purchase common shares granted by XL Group Ltd outstanding and unexercised immediately prior to the effective time of the Merger (whether or not vested or exercisable) vested in full, was cancelled and was converted into the right to receive an amount in cash equal to the excess, if any, of the Merger Consideration over the per share exercise price of such option, multiplied by the number of common shares subject to such option immediately prior to the effective time of the Merger.
Documents
Issuer
XL GROUP LTD
CIK 0000875159
Entity typeother
Related Parties
1- filerCIK 0001184406
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 4:05 PM ET
- Size
- 8.2 KB