Dawe Grahame 4

4 · ASPEN INSURANCE HOLDINGS LTD · Filed Mar 7, 2018

Form 4

Period: 2018-03-05

Chief Accounting Officer

Transactions

Award
Ordinary Shares
2018-03-05+505→ 7,108 total
Exercise/Conversion
Restricted Share Units (2015 Grant)
2018-03-05−505→ 0 total
→ Ordinary Shares (505 underlying)
Tax Payment
Ordinary Shares
2018-03-05$37.95/sh−238$9,032→ 6,870 total
Exercise/Conversion
Phantom Shares (2015 Grant)
2018-03-05−655→ 0 total
→ Ordinary Shares (655 underlying)

Footnotes (6)

[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 2015 Restricted Share Units granted on March 5, 2015 under our 2013 Share Incentive Plan, as amended. One-third of the 2015 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 2015 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.
[F5]Each Phantom Share represents the right to receive the economic equivalent of one of the Issuer's Ordinary Shares.
[F6]Represents 2015 Phantom Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One-third of the 2015 Phantom Share award is tested annually over a three-year period. Subject to continued employment, all vested 2015 Phantom Shares will be settled in cash.

Documents

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