SEC Form 4 · accession 0001348259-15-000015
VALIDUS HOLDINGS LTD · VR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph E Consolino
Director
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001348259
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2015 | M | 220,884 | $16.54 | A | 436,984 | D | |
| Common StockF2,F1 | Feb 4, 2015 | S | 90,402 | $41.26 | D | 346,582 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF3 | $16.54 | Feb 4, 2015 | M | 220,884 | D | — | Jan 1, 2016 | Common Stock | 220,884 | 0 | D |
Explanation of responses
- F1Includes 100 shares indirectly owned by UGMA Custodian for son.
- F2The reporting person has sold shares in an amount sufficient to satisfy the cost of the options exercised.
- F3These options vested ratably over five years beginning January 1, 2007.