SEC Form 4 · accession 0000950138-17-000440
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Patrick Myron
Officer — Pres. & COO · Director
Period of report
May 12, 2017
Accepted (ET)
May 16, 2017 · 4:15 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 12, 2017 | M | 130,000 | $14.96 | A | 240,769 | D | |
| Common SharesF1 | May 12, 2017 | F | 84,044 | $41.47 | D | 156,725 | 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 | $14.96 | May 12, 2017 | M | 130,000 | D | — | Mar 2, 2018 | Common Shares | 130,000 | 0 | 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 200,000 shares, where 25% of the option vested immediately upon grant, with the remainder becoming exercisable in three equal annual installments which commenced on March 2, 2012.