SEC Form 4 · accession 0001209191-16-101408
Allied World Assurance Co Holdings, AG · AWH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank D'Orazio
Officer — Pres. U/W & Global Risk
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:21 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Feb 19, 2016 | M | 1,764 | $0.00 | A | 205,717 | D | |
| Common SharesF2 | Feb 19, 2016 | D | 1,764 | $31.2186 | D | 203,953 | 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 UnitsF1,F4,F3 | — | Feb 19, 2016 | M | 1,764 | D | — | — | Common Shares | 1,764 | 11,406 | D |
Explanation of responses
- F1On February 19, 2013, the reporting person was granted 7,062 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into cash equal to the market value of 7,062 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- F2The 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, 2016.
- F3The Restricted Stock Units vest in four equal installments with the first installment vesting on February 19, 2014.
- F4Represents Restricted Stock Units held by the reporting person that vest in whole or in part in cash.