SEC Form 4 · accession 0000950138-16-001468
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Gregg T Davis
Officer — Chief Financial Officer
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 4:31 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 Stock | Nov 16, 2016 | M | 25,000 | $15.65 | A | 127,385 | D | |
| Common StockF1 | Nov 16, 2016 | F | 15,768 | $39.50 | D | 111,617 | D | |
| Common Stock | Nov 16, 2016 | M | 18,529 | $21.00 | A | 130,146 | D | |
| Common StockF1 | Nov 16, 2016 | F | 14,000 | $39.50 | D | 116,146 | 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 | Nov 16, 2016 | M | 25,000 | D | — | Oct 1, 2019 | Common Share | 25,000 | 0 | D |
| Employee Share Option (Right to Buy)F3 | $21.00 | Nov 16, 2016 | M | 18,529 | D | — | Dec 11, 2021 | Common Share | 18,529 | 37,060 | 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 options referenced in Table II.
- F2The option, representing the right to purchase 25,000 shares, becomes exercisable in four equal annual installments commencing on October 1, 2013.
- F3The option, representing the right to purchase a total of 55,589 shares, becomes exercisable in three equal annual installments which commenced on December 12, 2015.