Boornazian Brian 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Feb 12, 2018
Insider Transaction Report
Form 4
Boornazian Brian
Chairman Aspen Re
Transactions
- Award
Ordinary Shares
2018-02-08+2,738→ 33,123 total - Exercise/Conversion
Restricted Share Units (2016 Grant)
2018-02-08−2,738→ 2,738 total→ Ordinary Shares (2,738 underlying) - Tax Payment
Ordinary Shares
2018-02-08$37.00/sh−1,332$49,284→ 31,791 total
Footnotes (4)
- [F1]Ordinary shares acquired upon mandatory conversion of previously granted Restricted Share Units.
- [F2]Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted Restricted Share Units.
- [F3]Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- [F4]Represents 2016 Restricted Share Units granted on February 8, 2016 under our 2013 Share Incentive Plan, as amended. One-third of the 2016 Restricted Share Units vests annually on the anniversary of the grant date over a three-year period, in each case subject to the Reporting Person's continued service. Upon vesting of the 2016 Restricted Share Units, the Reporting Person shall be entitled to receive a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.