SEC Form 4 · accession 0000950138-15-000503
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Schmitzer
Officer — Pres. & CEO - E&S Lines Sgmt
Period of report
Jul 24, 2015
Accepted (ET)
Jul 28, 2015 · 5:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620459
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jul 24, 2015 | M | 100,000 | $15.65 | A | 147,619 | D | |
| Common SharesF1 | Jul 24, 2015 | F | 75,360 | $28.12 | D | 72,259 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Share Option (Right to Buy)F2 | $15.65 | Jul 24, 2015 | M | 100,000 | D | — | Oct 13, 2016 | Common Shares | 100,000 | 0 | D |
Explanation of responses
- F1The shares disposed of were withheld by James River Group Holdings, Ltd. for payment of the exercise price and tax liability incident to the exercise of the option referenced in Table II.
- F2The share option vested in four equal annual installments on October 13 of each of the years 2010 through 2013.