SEC Form 4 · accession 0001209191-17-013304

Allied World Assurance Co Holdings, AG · AWH

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

Reporting owner

Scott A Carmilani

Officer — President, CEO and Chairman · Director

Period of report

Feb 17, 2017

Accepted (ET)

Feb 22, 2017 · 4:45 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 Shares^F1	Feb 17, 2017	M	9,308	$0.00	A	1,261,531	D
Common Shares^F2	Feb 17, 2017	D	3,723	$53.3743	D	1,257,808	D
Common Shares^F3	Feb 17, 2017	F	2,868	$53.52	D	1,254,940	D
Common Shares^F4	Feb 18, 2017	M	10,734	$0.00	A	1,265,674	D
Common Shares^F5	Feb 18, 2017	D	5,367	$53.3743	D	1,260,307	D
Common Shares^F3	Feb 18, 2017	F	2,763	$53.52	D	1,257,544	D
Common Shares^F6	Feb 19, 2017	M	12,801	$0.00	A	1,270,345	D
Common Shares^F7	Feb 19, 2017	D	12,801	$53.3743	D	1,257,544	D
Common Shares^F8	holding	—	—		—	139,000	I	By Trust

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^F1,F10,F9	—	Feb 17, 2017	M	9,308	D	—	—	Common Shares	9,308	74,555	D
Restricted Stock Units^F4,F10,F11	—	Feb 18, 2017	M	10,734	D	—	—	Common Shares	10,734	63,821	D
Restricted Stock Units^F6,F10,F12	—	Feb 19, 2017	M	12,801	D	—	—	Common Shares	12,801	51,020	D

Explanation of responses

F1On February 17, 2015, the reporting person was granted 37,233 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 22,340 common shares and (ii) cash equal to the market value of 14,893 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
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.
F2The 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 17, 2017.
F3Exclusively represents shares withheld by the Company with respect to the payment of withholding tax liability incurred upon the vesting of Restricted Stock Units.
F4On February 18, 2014, the reporting person was granted 42,930 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 21,465 common shares and (ii) cash equal to the market value of 21,465 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
F5The 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 prior to February 18, 2017.
F6On February 19, 2013, the reporting person was granted 51,201 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into cash equal to the market value of 51,201 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
F7The fair market value was determined using the daily volume-weighted average sales price of the common shares for the five consecutive trading days prior to February 19, 2017.
F8Represents 139,000 shares held by an irrevocable trust for the benefit of the reporting person's spouse and children.
F9The Restricted Stock Units vest in four equal installments with the first installment vesting on February 17, 2016.