SEC Form 4 · accession 0000950138-16-001478
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Roger Johnson
Officer — Pres. & CUO-Casual Rein. Sgmt
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 6:00 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 Shares | Nov 21, 2016 | M | 45,000 | $13.99 | A | 48,162 | D | |
| Common SharesF1 | Nov 21, 2016 | F | 28,738 | $41.45 | D | 19,424 | 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 | $13.99 | Nov 21, 2016 | M | 45,000 | D | — | Mar 7, 2019 | Common Share | 45,000 | 42,500 | 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 vests in four equal annual installments on March 7 of each of the years 2013 through 2016.