SEC Form 4 · accession 0001562180-17-003441
VALIDUS HOLDINGS LTD · VR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lixin Zeng
Officer — CEO AlphaCat Managers
Period of report
Nov 1, 2017
Accepted (ET)
Nov 2, 2017 · 4:18 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 | Nov 1, 2017 | M | 26,136 | $23.48 | A | 57,855 | D | |
| Common StockF1 | Nov 1, 2017 | S | 26,136 | $52.0983 | D | 31,719 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $23.48 | Nov 1, 2017 | M | 26,136 | D | — | Mar 3, 2018 | Common Stock | 26,136 | 0 | D |
Explanation of responses
- F1These shares of common stock were sold at prices between $52.00 and $52.24. 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.
- F2These options are exercisable at any time prior to their expiration date.