SEC Form 4 · accession 0000899243-16-034362
Argo Group International Holdings, Ltd. · ARGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hector Deleon
Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091748
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 21, 2016 | M | 6,655 | $23.90 | A | 20,945 | D | |
| Common Stock | Nov 21, 2016 | D | 2,456 | $64.80 | D | 18,489 | D | |
| Common StockF2 | Nov 21, 2016 | S | 4,199 | $64.8726 | D | 14,290 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3,F4 | $23.90 | Nov 21, 2016 | M | 6,655 | D | — | May 4, 2017 | Common Stock | 6,655 | 0 | D |
Explanation of responses
- F1Includes the effect of an adjustment for Argo Group's 10% stock dividend paid on June 15, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.80 to $64.975, inclusive. The reporting person undertakes to provide to Argo Group International Holdings, Ltd., any security holder of Argo Group International Holdings, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3Includes the effect of an adjustment for Argo Group's 10% stock dividends paid on June 17, 2013, March 16, 2015 and June 15, 2016.
- F4The stock appreciation rights vested on the calendar day immediately preceding Argo Group's 2011 annual general meeting of shareholders.