SEC Form 4 · accession 0001567619-17-000154
ENDURANCE SPECIALTY HOLDINGS LTD · ENH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Spass
Director
Period of report
Jan 6, 2017
Accepted (ET)
Feb 7, 2017 · 3:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001179755
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, par value $1.00 per shareF1 | Feb 19, 2016 | S | 19,354 | $62.01 | D | 123,325 | D | |
| Ordinary Shares, par value $1.00 per share | Dec 22, 2016 | G | 8,120 | $0.00 | D | 115,205 | D | |
| Ordinary Shares, par value $1.00 per shareF3,F2 | Jan 6, 2017 | S | 8,120 | $92.524 | D | 0 | I | By trust |
| Ordinary Shares, par value $1.00 per shareF4 | holding | — | — | — | 7,093 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2The reporting person contributed 8,120 ordinary shares to a charitable remainder trust of which the reporting person is a trustee and of which the reporting person is the sole beneficiary. The reporting person continues to report beneficial ownership of all of the ordinary shares held by the trust but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.52 to $92.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F4The Reporting Person owns a non-controlling limited liability company interest in Capital Z Partners Management, LLC. Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.