SEC Form 4 · accession 0000950138-16-000889
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
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 4:39 pm EST
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 SharesF1 | Feb 16, 2016 | A | 7,515 | $0.00 | A | 77,538 | 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 | $32.07 | Feb 16, 2016 | A | 43,427 | A | — | Feb 15, 2023 | Common Share | 43,427 | 43,427 | D |
Explanation of responses
- F1Grant of restricted share units (payable solely in common shares of the Issuer on each vesting date), vesting in three equal annual installments on February 16 of each of the years 2017 through 2019.
- F2The share option vests in three equal annual installments on February 16 of each of the years 2017 through 2019