SEC Form 4 · accession 0000950138-18-000453
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
Jun 14, 2018
Accepted (ET)
Jun 15, 2018 · 4:32 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 | Jun 14, 2018 | M | 28,907 | $21.00 | A | 88,242 | D | |
| Common SharesF1 | Jun 14, 2018 | F | 21,332 | $40.08 | D | 66,910 | 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 | Jun 14, 2018 | M | 28,907 | D | — | Dec 11, 2021 | Common Shares | 28,907 | 0 | D |
Explanation of responses
- F1The shares disposed of were withheld by James River Group Holdings, Ltd. for payment of the tax liability incident to the exercise of the options referenced in Table II.
- F2The share option vested in three equal installments on December 12 of each of the years 2015-2017.