SEC Form 4 · accession 0000899243-18-013912
Argo Group International Holdings, Ltd. · ARGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Stanley Bullock
Officer — Chief Financial Officer
Period of report
May 22, 2018
Accepted (ET)
May 24, 2018 · 4:46 pm EDT
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 Stock | May 22, 2018 | M | 20,000 | $19.36 | A | 136,486 | D | |
| Common Stock | May 22, 2018 | F | 6,206 | $62.40 | D | 130,280 | D | |
| Common StockF1 | May 22, 2018 | S | 13,794 | $62.1997 | D | 116,486 | 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,F2 | $19.36 | May 22, 2018 | M | 20,000 | D | — | Mar 15, 2019 | Common Stock | 20,000 | 17,751 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.55, 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 (1) to this Form 4.
- F2The stock appreciation rights vested in four equal annual installments, with the first installment on March 15, 2013.
- F3Includes the effect of an adjustment for Argo Group's 15% stock dividend paid on March 21, 2018.