SEC Form 4 · accession 0001209191-17-007107
AXIS CAPITAL HOLDINGS LTD · AXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Conrad D. Brooks
Officer — EVP, General Counsel & Sec
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001214816
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jan 31, 2017 | A | 5,467 | A | — | — | Common Shares | 5,467 | 5,467 | D |
| Restricted Stock UnitsF1,F3 | — | Jan 31, 2017 | A | 546 | A | — | — | Common Shares | 546 | 546 | 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, 2018.
- F3Represents a guaranteed minimum award of performance-based restricted stock units. The award may increase up to 10,934 restricted stock units provided that certain Company performance conditions are satisfied. The award will be eligible to vest in a single installment on March 1, 2020.