SEC Form 4 · accession 0001209191-15-013329
ASPEN INSURANCE HOLDINGS LTD · AHL-PD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Ms. Gibbard
Officer — Head of IT & Shared Services
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 1:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001267395
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Feb 11, 2015 | A | 567 | — | A | 4,789 | D | |
| Ordinary SharesF2 | Feb 11, 2015 | F | 267 | $45.65 | D | 4,522 | D |
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 (2013 Grant)F4,F5 | — | Feb 11, 2015 | M | 567 | D | — | — | Ordinary Shares | 567 | 567 | D |
Explanation of responses
- F1Ordinary shares acquired upon mandatory conversion of previously granted Restricted Share Units.
- F2The amount of ordinary shares beneficially owned by the Reporting Person following the transactions reported on the Form 4 filed on February 10, 2015 omitted 267 ordinary shares. However, these 267 ordinary shares were included in Reporting Person's acquisition of the 566 ordinary shares reported on the Form 4 filed on February 10, 2015.
- F3Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted Restricted Share Units.
- F4Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- F5Represents 2013 Restricted Share Units granted on February 11, 2013 under our 2003 Share Incentive Plan (as amended). One-third of the 2013 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 2013 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.