SEC Form 4 · accession 0000775368-17-000010
ALLEGHANY CORP /DE · Y
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Bryce Gorham
Officer — SVP, Head of Fixed Income
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 3:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000775368
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2017 | A | 857 | $647.76 | A | 8,007 | D | |
| Common Stock | Feb 27, 2017 | D | 857 | $647.76 | D | 7,150 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | Feb 27, 2017 | I | 1,000 | D | — | — | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Settlement of 857 performance shares for $555,130.32 in cash, of which $288,568.78 represents withholding for tax obligations in connection with such settlement.
- F2Each phantom stock unit is the economic equivalent of one share of the registrant's common stock. Phantom stock units are payable in cash on the date elected by the registrant.
- F3The reporting person transferred the value of 1,000 phantom stock units held under a multi-fund compensation plan into an account linked to the registrant's book value per share.