SEC Form 4 · accession 0001209191-15-015155
PLATINUM UNDERWRITERS HOLDINGS LTD · PTP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal J Schmidt
Officer — EVP and Chief Actuary - PASI
Period of report
Feb 16, 2015
Accepted (ET)
Feb 18, 2015 · 2:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171500
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Feb 16, 2015 | M | 1,673 | $0.00 | A | 36,586 | D | |
| Common Shares | Feb 16, 2015 | F | 863 | $76.57 | D | 35,723 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share unitsF1,F2 | — | Feb 16, 2015 | M | 1,673 | D | — | — | Common Shares | 1,673 | 0 | D |
Explanation of responses
- F11-for-1
- F2These share units were granted on February 16, 2011 under the Company's 2010 Share Incentive Plan. On February 16, 2015, the final quarter of these shares vested and the Company issued to the reporting person one Common Share for each vested share unit.