ASPEN INSURANCE HOLDINGS LTD 4
4 · ASPEN INSURANCE HOLDINGS LTD · Filed Apr 27, 2017
Insider Transaction Report
Form 4
Thornton Richard Matthew
Group Chief Risk Officer
Transactions
- Exercise/Conversion
Restricted Share Units (2014 Grant)
2017-04-25−1,072→ 0 total→ Ordinary Shares (1,072 underlying) - Award
Ordinary Shares
2017-04-25+1,072→ 4,338 total - Tax Payment
Ordinary Shares
2017-04-25$51.50/sh−504$25,956→ 3,834 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 2014 Restricted Share Units granted on April 25, 2014 under our 2013 Share Incentive Plan as amended. One-third of the 2014 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 2014 Restricted Share Units, the Reporting Person shall be entitled to received a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.