SEC Form 4 · accession 0001412100-16-000192
Maiden Holdings, Ltd. · MHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Schmitt
Officer — Chief Financial Officer
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001412100
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Nov 11, 2016 | S | 10,000 | $15.57 | D | 182,454 | D | |
| Common SharesF3,F2 | Nov 14, 2016 | S | 10,000 | $16.40 | D | 172,454 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price included in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.30 to $15.80 per share, inclusive. The Reporting Person undertakes to provide to Maiden Holdings, Ltd. or any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2These common shares were sold for tax planning purposes.
- F3The price included in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $16.575 per share, inclusive. The Reporting Person undertakes to provide to Maiden Holdings, Ltd. or any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.