SEC Form 4 · accession 0000950138-17-000431
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Adam Abram
Officer — Chairman of the Board and CEO · Director
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 4:35 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 | May 11, 2017 | M | 174,398 | $21.00 | A | 897,718 | D | |
| Common SharesF1 | May 11, 2017 | F | 129,471 | $41.27 | D | 768,247 | D | |
| Common Shares | holding | — | — | — | 800 | I | By Ruth M. Maguire Trust |
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 | May 11, 2017 | M | 174,398 | D | — | Dec 11, 2021 | Common Shares | 174,398 | 87,199 | 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 261,597 shares, becomes exercisable in three equal annual installments which commenced on December 12, 2015.