SEC Form 4 · accession 0001209191-17-014311
Allied World Assurance Co Holdings, AG · AWH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wesley D Dupont
Officer — EVP & General Counsel
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 4:20 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 22, 2017 | M | 1,472 | $0.00 | A | 203,655 | D | |
| Common SharesF2 | Feb 22, 2017 | D | 294 | $53.3769 | D | 203,361 | D | |
| Common SharesF3 | Feb 22, 2017 | F | 425 | $53.12 | D | 202,936 | D | |
| Common SharesF4 | holding | — | — | — | 9,260 | 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 UnitsF1,F6,F5 | — | Feb 22, 2017 | M | 1,472 | D | — | — | Common Shares | 1,472 | 9,484 | D |
Explanation of responses
- F1On February 22, 2016, the reporting person was granted 5,892 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into (i) 4,714 common shares and (ii) cash equal to the market value of 1,178 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 22, 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.
- F4Represents 9,260 shares gifted to a charitable trust.
- F5The Restricted Stock Units vest in four equal installments with the first installment vesting on February 22, 2017.
- F6Represents Restricted Stock Units held by the reporting person that vest in whole or in part in cash.