SEC Form 4 · accession 0001209191-15-004659
ASPEN INSURANCE HOLDINGS LTD · AHL-PD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Worth
Other
Period of report
Jan 14, 2015
Accepted (ET)
Jan 16, 2015 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001267395
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 Share Units (2014 Grant)F1,F3 | — | Jan 14, 2015 | J | 4,822 | D | — | — | Ordinary Shares | 4,822 | 0 | D |
Explanation of responses
- F1Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- F2Pursuant to the Settlement Agreement dated as of January 14, 2015 between the Reporting Person and Aspen Insurance UK Services Limited, the Reporting Person forfeited 4,822 2014 Restricted Share Units.
- F3Represents 2014 Restricted Share Units granted on April 25, 2014 under our 2013 Share Incentive Plan. One-third of the 2014 Restricted Share Units vests annually on the anniversary of the grant date over a three-year period, in each case subject to the Reporting Person's continued service. Upon vesting of the 2014 Restricted Share Units, the Reporting Person shall be entitled to received a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.