SEC Form 4 · accession 0001562180-17-002187
VALIDUS HOLDINGS LTD · VR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Romel Salam
Officer — EVP, Group Chief Risk Officer
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 4:19 pm EDT
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 Stock | Jun 1, 2017 | A | 5,618 | $0.00 | A | 56,809 | D | |
| Common StockF1 | Jun 1, 2017 | A | 3,349 | $0.00 | A | 60,158 | D | |
| Common StockF2 | Jun 1, 2017 | F | 1,737 | $53.77 | D | 58,421 | D | |
| Common StockF3 | Jun 1, 2017 | F | 1,720 | $53.77 | D | 56,701 | D | |
| Common StockF3 | Jun 1, 2017 | F | 1,110 | $53.77 | D | 55,591 | D | |
| Common StockF3 | Jun 1, 2017 | F | 2,014 | $53.77 | D | 53,577 | D | |
| Common StockF3 | Jun 1, 2017 | F | 1,664 | $53.77 | D | 51,913 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of common stock are being issued as a result of the vesting of performance shares.
- F2The Reporting person has had shares withheld by the Issuer in an amount sufficient to satisfy tax liability incurred upon the vesting of performance stock.
- F3The Reporting person has had shares withheld by the Issuer in an amount sufficient to satisfy tax liability incurred upon the vesting of restricted stock.