SEC Form 4 · accession 0000950138-17-000606
James River Group Holdings, Inc. · JRVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Hartman
Officer — Pres. & CEO-Sp. Adm. Ins Sgmt
Period of report
Aug 23, 2017
Accepted (ET)
Aug 25, 2017 · 5:20 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 | Aug 23, 2017 | M | 25,000 | $15.65 | A | 67,574 | D | |
| Common SharesF1 | Aug 23, 2017 | F | 16,995 | $40.18 | D | 50,579 | 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 | Aug 23, 2017 | M | 25,000 | D | — | Oct 1, 2019 | Common Share | 25,000 | 50,000 | D |
Explanation of responses
- F1The shares disposed of were withheld by James River Group Holdings, Ltd. (the "Company") for payment of the exercise price incident to the exercise of the options referenced in Table II.
- F2The share option vested in four equal installments on October 1 of each of the years 2013-2016.