SEC Form 4 · accession 0001209191-15-016335

Allied World Assurance Co Holdings, AG · AWH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Thomas A Bradley

Officer — EVP & CFO

Period of report

Feb 17, 2015

Accepted (ET)

Feb 19, 2015 · 7:46 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001163348

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Shares^F1,F2,F3	Feb 18, 2015	M	1,848	$0.00	A	6,451	D
Common Shares^F4	Feb 18, 2015	D	924	$40.4465	D	5,527	D
Common Shares^F5	Feb 18, 2015	F	477	$40.65	D	5,050	D
Common Shares^F6	Feb 19, 2015	M	1,656	$0.00	A	6,706	D
Common Shares^F7	Feb 19, 2015	D	1,656	$40.5293	D	5,050	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F8,F2,F10,F9	—	Feb 17, 2015	A	6,420	A	—	—	Common Shares	6,420	18,792	D
Restricted Stock Units^F1,F10,F11	—	Feb 18, 2015	M	1,848	D	—	—	Common Shares	1,848	16,944	D
Restricted Stock Units^F6,F10,F12	—	Feb 19, 2015	M	1,656	D	—	—	Common Shares	1,656	15,288	D

Explanation of responses

F1On February 18, 2014, the reporting person was granted 7,404 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 3,702 common shares and (ii) cash equal to the market value of 3,702 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units. These Restricted Stock Units were previously reported as a grant of 2,468 Restricted Stock Units converting into (i) 1,234 common shares and (ii) cash equal to the market value of 1,234 common shares. These amounts have been adjusted to reflect the issuer's 3-for-1 stock split paid on May 23, 2014.
F10Represents Restricted Stock Units held by the reporting person that vest in whole or in part in cash.
F11The Restricted Stock Units vest in four equal installments with the first installment vesting on February 18, 2015.
F12The Restricted Stock Units vest in four equal installments with the first installment vesting on February 19, 2014.
F2Reflects the issuer's 3-for-1 stock split paid on May 23, 2014.
F3Includes 676 common shares acquired on June 30, 2014 pursuant to the Company's Amended and Restated 2008 Employee Share Purchase Plan.
F4The fair market value of the cash portion was determined using the daily volume-weighted average sales price of the common shares for the five consecutive trading days up to and including February 18, 2015.
F5Exclusively represents shares withheld by the Company with respect to the payment of withholding tax liability incurred upon the vesting of Restricted Stock Units.
F6On February 19, 2013, the reporting person was granted 6,621 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into cash equal to the market value of 6,621 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units. These Restricted Stock Units were previously reported as a grant of 2,207 Restricted Stock Units that convert into cash equal to the market value of the 2,207 common shares. The amount has been adjusted to reflect the issuer's 3-for-1 stock split paid on May 23, 2014.
F7The fair market value was determined using the daily volume-weighted average sales price of the common shares for the five consecutive trading days up to and including February 19, 2015.
F8Grant of Restricted Stock Units for no monetary consideration. Restricted Stock Units convert into (i) 3,852 common shares and (ii) cash equal to the market value of 2,568 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
F9The Restricted Stock Units vest in four equal installments with the first installment vesting on February 17, 2016.