Puri Mandakini 4
4 · VALIDUS HOLDINGS LTD · Filed Jul 20, 2018
Insider Transaction Report
Form 4
Puri Mandakini
Director
Transactions
- Disposition to Issuer
Common Stock
2018-07-18$68.00/sh−6,756$459,408→ 0 total
Footnotes (2)
- [F1]On July 18, 2018, pursuant to that certain Agreement and Plan of Merger, dated as of January 21, 2018 (the Merger Agreement), by and among American International Group, Inc. (Parent), Venus Holdings Limited, a wholly owned subsidiary of Parent (Merger Sub), and Validus Holdings, Ltd. (the Company), Merger Sub merged with and into the Company, with the Company continuing as the surviving entity, which became a wholly owned subsidiary of Parent (the Merger).
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger, each issued and outstanding common share, par value $0.175, of the Company was canceled and converted into the right to receive $68.00 in cash.