SEC Form 4 · accession 0001209191-17-030153
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
May 2, 2017
Accepted (ET)
May 4, 2017 · 7:35 pm EDT
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 | May 2, 2017 | M | 30,000 | $0.00 | A | 33,952 | D | |
| Common SharesF2 | May 2, 2017 | D | 30,000 | $53.054 | D | 3,952 | 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,F3 | — | May 2, 2017 | M | 30,000 | D | — | — | Common Shares | 30,000 | 7,074 | D |
Explanation of responses
- F1On May 2, 2013, the reporting person was granted 30,000 Restricted Stock Units for no monetary consideration. The Restricted Stock Units convert into cash equal to the market value of 30,000 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 May 2, 2017.
- F3The Restricted Stock Units vest 100% on the fourth anniversary of the date of grant.