SEC Form 4 · accession 0000899243-18-030727
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
Dec 11, 2018
Accepted (ET)
Dec 12, 2018 · 4:16 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 Stock | Dec 11, 2018 | M | 10,000 | $26.19 | A | 126,752 | D | |
| Common Stock | Dec 11, 2018 | F | 3,793 | $69.06 | D | 122,959 | D | |
| Common StockF1 | Dec 11, 2018 | S | 6,207 | $69.086 | D | 116,752 | 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 RightsF2,F3 | $26.19 | Dec 11, 2018 | M | 10,000 | D | — | Mar 15, 2020 | Common Stock | 10,000 | 26,982 | 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 $69.00 to $69.20, 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.
- F2Includes the effect of an adjustment for Argo Group's 10% stock dividends paid on March 16, 2015 and June 15, 2016, and an adjustment related to Argo Group's 15% stock dividend paid on March 21, 2018.
- F3The stock appreciation rights vested in four equal annual installments, with the first installment on March 15, 2014.