SEC Form 4 · accession 0001209191-16-112254
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly Jean Lyles
Officer — Chief Regional Officer Ins
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875159
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Mar 31, 2016 | A | 104 | A | — | — | Ordinary Shares | 104 | 728 | D |
| Dividend Equivalent RightsF2 | — | Mar 31, 2016 | A | 51 | A | — | — | Ordinary Shares | 51 | 230 | D |
Explanation of responses
- F1Dividend equivalent rights accrued on 2014 restricted stock unit awards. Dividends will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one XL ordinary share.
- F2Dividend equivalent rights accrued on 2015 restricted stock unit award. Dividends will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one XL ordinary share.