SEC Form 4 · accession 0000950138-16-001504
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg T Davis
Officer — Chief Financial Officer
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 5:02 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 | Dec 12, 2016 | M | 18,530 | $21.00 | A | 135,704 | D | |
| Common StockF1 | Dec 12, 2016 | F | 13,912 | $40.19 | D | 121,792 | 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 | $21.00 | Dec 12, 2016 | M | 18,530 | D | — | Dec 11, 2021 | Common Shares | 18,530 | 18,530 | 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, originally representing the right to purchase a total of 55,589 shares, becomes exercisable in three equal annual installments which commenced on December 12, 2015.