SEC Form 4 · accession 0001657961-19-000002
ASPEN INSURANCE HOLDINGS LTD · AHL-PD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Alan Cohen
Officer — President and CUO Insurance
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 3:28 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 | Feb 8, 2019 | A | 1,643 | — | A | 8,602 | D | |
| Ordinary Shares | Feb 8, 2019 | F | 646 | $42.56 | D | 7,956 | D | |
| Ordinary SharesF1 | Feb 9, 2019 | A | 2,084 | — | A | 10,040 | D | |
| Ordinary Shares | Feb 9, 2019 | F | 695 | $42.56 | D | 9,345 | D | |
| Ordinary SharesF1 | Feb 10, 2019 | A | 1,778 | — | A | 11,123 | D | |
| Ordinary Shares | Feb 10, 2019 | F | 604 | $42.56 | D | 10,519 | 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 (2016 Grant)F5,F6 | — | Feb 8, 2019 | M | 1,643 | D | — | — | Ordinary Shares | 1,643 | 0 | D |
| Restricted Share Units (2018 Grant)F5,F7 | — | Feb 9, 2019 | M | 2,084 | D | — | — | Ordinary Shares | 2,084 | 4,166 | D |
| Restricted Share Units (2017 Grant)F5,F8 | — | Feb 10, 2019 | M | 1,778 | D | — | — | Ordinary Shares | 1,778 | 1,778 | D |
Explanation of responses
- F1Ordinary shares acquired upon mandatory conversion of previously granted Restricted Share Units.
- F2Ordinary shares withheld in order to satisfy tax liability in connection with previously granted 2016 Restricted Share Units.
- F3Ordinary shares withheld in order to satisfy tax liability in connection with previously granted 2018 Restricted Share Units.
- F4Ordinary shares withheld in order to satisfy tax liability in connection with previously granted 2017 Restricted Share Units.
- F5Each Restricted Share Unit represents the right to receive one share of the Issuer's Ordinary Shares.
- F6Represents 2016 Restricted Share Units granted on February 8, 2016 under our 2013 Share Incentive Plan, as amended. One-third of the 2016 Restricted Share Units vested 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 2016 Restricted Share Units, the Reporting Person shall be entitled to receive a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.
- F7Represents 2018 Restricted Share Units granted on February 9, 2018 under our 2013 Share Incentive Plan, as amended. One-third of the 2018 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 2018 Restricted Share Units, the Reporting Person shall be entitled to receive a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.
- F8Represents 2017 Restricted Share Units granted on February 10, 2017 under our 2013 Share Incentive Plan, as amended. One-third of the 2017 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 2017 Restricted Share Units, the Reporting Person shall be entitled to receive a number of Ordinary Shares equal to the number of Restricted Share Units then vesting.