SEC Form 4 · accession 0001562180-18-002881
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, 2018
Accepted (ET)
Jun 5, 2018 · 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 StockF1 | Jun 1, 2018 | A | 5,098 | $0.00 | A | 57,011 | D | |
| Common StockF2 | Jun 1, 2018 | F | 1,837 | $67.77 | D | 55,174 | D | |
| Common StockF2 | Jun 1, 2018 | F | 1,051 | $67.77 | D | 54,123 | D | |
| Common StockF2 | Jun 1, 2018 | F | 920 | $67.77 | D | 53,203 | D | |
| Common StockF3 | Jun 1, 2018 | F | 2,505 | $67.77 | D | 50,698 | D | |
| Common StockF2 | Jun 1, 2018 | F | 12,108 | $67.77 | D | 38,590 | D | |
| Common StockF2 | Jun 1, 2018 | F | 1,909 | $67.77 | D | 36,681 | 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 restricted stock.
- F3The Reporting person has had shares withheld by the Issuer in an amount sufficient to satisfy tax liability incurred upon the vesting of performance stock.