SEC Form 4 · accession 0001562180-16-003738
VALIDUS HOLDINGS LTD · VR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward J. Noonan
Officer — Chairman and CEO · Director
Period of report
Dec 8, 2016
Accepted (ET)
Dec 12, 2016 · 6:02 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,F2 | Dec 8, 2016 | S | 36,338 | $56.16 | D | 1,428,412 | D | |
| Common StockF1,F3 | Dec 9, 2016 | S | 118,000 | $55.52 | D | 1,310,412 | D | |
| Common StockF1,F4 | Dec 12, 2016 | S | 118,662 | $55.04 | D | 1,191,750 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold for the purpose of satisfying outstanding tax related obligations by the reporting person.
- F2These shares of common stock were sold at prices between $56.05 and $56.36. The reporting person will provide upon request by the SEC staff, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F3These shares of common stock were sold at prices between $55.35 and $55.89. The reporting person will provide upon request by the SEC staff, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F4The reporting person will provide upon request by the SEC staff, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price.