SEC Form 4 · accession 0001209191-16-122961
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John KCB Vereker
Director
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875159
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | May 20, 2016 | A | 1,089 | $0.00 | A | 49,605 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired represent the director's 2016 annual stock award, prorated for the portion of the service period for which the director is expected to serve on the board of directors of XL Group plc, based upon the anticipated effective date of the redomestication from Ireland to Bermuda as disclosed in XL Group plc's proxy statement filed with the Securities and Exchange Commission on May 11, 2016. The award was immediately vested as of the grant date.