SEC Form 4 · accession 0001209191-16-136438
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clayton Stuart Rose
Director
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 6:51 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 | Aug 8, 2016 | A | 3,317 | $0.00 | A | 32,708 | 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 Ltd as a result of the Redomestication (as defined in XL Group Ltd's Form 8-K12B filed July 25, 2016) and the appointment of the director to the board of XL Group Ltd effective as of July 25, 2016. The award was immediately vested as of the grant date.