SEC Form 4 · accession 0001209191-16-105749
AXIS CAPITAL HOLDINGS LTD · AXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard T Gieryn Jr.
Officer — EVP, General Counsel & Sec
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 6:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001214816
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 1, 2016 | M | 2,030 | $0.00 | A | 57,851 | D | |
| Common Shares | Mar 1, 2016 | D | 1,015 | $54.84 | D | 56,836 | D | |
| Common Shares | Mar 1, 2016 | M | 1,578 | $0.00 | A | 58,414 | D | |
| Common Shares | Mar 1, 2016 | D | 789 | $54.84 | D | 57,625 | D | |
| Common Shares | Mar 1, 2016 | F | 603 | $54.84 | D | 57,022 | 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,F2 | — | Mar 1, 2016 | M | 2,030 | D | — | — | Common Shares | 2,030 | 4,060 | D |
| Restricted Stock UnitsF1,F3 | — | Mar 1, 2016 | M | 1,578 | D | — | — | Common Shares | 1,578 | 4,736 | D |
Explanation of responses
- F1Upon vesting, each restricted stock unit will be equal in value to one common share (50% of the restricted stock units will be settled in common shares and 50% will be settled in cash).
- F2The restricted stock units vest in four equal annual installments beginning March 1, 2015.
- F3The restricted stock units vest in four equal annual installments beginning March 1, 2016.