SEC Form 4 · accession 0001520674-17-000007
ASPEN INSURANCE HOLDINGS LTD · AHL-PD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Paul Aman
Officer — Group Chief Risk Officer
Period of report
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 6:51 am EDT
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 (2017 Grant)F1,F2 | — | Jul 28, 2017 | A | 3,601 | A | — | — | Ordinary Shares | 3,601 | 3,601 | D |
| 2017 Performance SharesF3,F4 | — | Jul 28, 2017 | A | 10,802 | A | — | — | Ordinary Shares | 10,802 | 10,802 | D |
Explanation of responses
- F1Each Restricted Share Unit represents the right to recieve one share of the Issuer's Ordinary Shares.
- F2Represents 2017 Restricted Share Units granted on July 28, 2017 under our 2013 Share Incentive Plan, as amended. One-third of the 2017 Restricted Share Units vests annually beginning February 10, 2018 over a three-year period, in each case subject to the Reporting Person's continued service. Upon vesting of the 2017 Restricted Share Units, the Reporting Person shall be entitled to recieved a number or Ordinary Shares equal to the number of Restricted Share Units then vesting.
- F3Each Performance Share represents the right to receive one share of the Issuer's Ordinary Shares.
- F4Represents 2017 Performance Shares eligible for vesting following the achievement of certain financial targets by the Issuer. One third of the 2017 Performance Share award is tested annually over a three-year period. All vested 2017 Performance Shares will be issued following the filing of the annual report on Form 10-K for the year ended December 31, 2019.