SEC Form 4 · accession 0001209191-17-024808
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F.A. Cooper
Officer — Chief Executive, Reinsurance
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 4:34 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, 2017 | A | 23 | A | — | — | Common Shares | 23 | 191 | D |
| Dividend Equivalent RightsF2 | — | Mar 31, 2017 | A | 59 | A | — | — | Common Shares | 59 | 301 | D |
| Dividend Equivalent RightsF3 | — | Mar 31, 2017 | A | 34 | A | — | — | Common Shares | 34 | 34 | D |
Explanation of responses
- F1Dividend 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 common share.
- F2Dividend equivalent rights accrued on 2016 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 common share.
- F3Dividend equivalent rights accrued on 2017 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 common share.