SEC Form 4 · accession 0001369817-16-000102
OneBeacon Insurance Group, Ltd. · OB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Treacy
Officer — Chief Accounting Officer
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001369817
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2 | — | Feb 24, 2016 | A | 6,674 | A | — | — | Class A Common Shares | 6,674 | 13,003 | D |
Explanation of responses
- F1Each phantom stock unit granted is the economic equivalent of one Class A share of OneBeacon.
- F2The phantom stock units vest on December 31, 2018 and become payable in cash, common stock, or partly in cash and partly in common stock, at the election of the Compensation Committee no later than March 15, 2019.