SEC Form 4 · accession 0001209191-17-013334
Allied World Assurance Co Holdings, AG · AWH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julian James
Officer — President, Global Markets
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 4:54 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 17, 2017 | M | 1,204 | $0.00 | A | 2,320 | D | |
| Common SharesF2 | Feb 17, 2017 | D | 482 | $53.3743 | D | 1,838 | D | |
| Common SharesF3 | Feb 17, 2017 | F | 340 | $53.52 | D | 1,498 | D | |
| Common SharesF4 | Feb 18, 2017 | M | 1,386 | $0.00 | A | 2,884 | D | |
| Common SharesF5 | Feb 18, 2017 | D | 693 | $53.3743 | D | 2,191 | D | |
| Common SharesF3 | Feb 18, 2017 | F | 326 | $53.52 | D | 1,865 | 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,F7,F6 | — | Feb 17, 2017 | M | 1,204 | D | — | — | Common Shares | 1,204 | 39,552 | D |
| Restricted Stock UnitsF4,F7,F8 | — | Feb 18, 2017 | M | 1,386 | D | — | — | Common Shares | 1,386 | 38,166 | D |
Explanation of responses
- F1On February 17, 2015, the reporting person was granted 4,815 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 2,889 common shares and (ii) cash equal to the market value of 1,926 common shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units.
- 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 5,550 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 2,775 common shares and (ii) cash equal to the market value of 2,775 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 prior to February 18, 2017.
- F6The Restricted Stock Units vest in four equal installments with the first installment vesting on February 17, 2016.
- F7Represents Restricted Stock Units held by the reporting person that vest in whole or in part in cash.
- F8The Restricted Stock Units vest in four equal installments with the first installment vesting on February 18, 2015.