SEC Form 4 · accession 0001209191-17-035405
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Myron Hendry
Officer — Chief Platform Officer
Period of report
May 23, 2017
Accepted (ET)
May 25, 2017 · 4:33 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 |
|---|---|---|---|---|---|---|---|---|
| Common Shares | May 23, 2017 | M | 33,297 | $18.27 | A | 57,525 | D | |
| Common Shares | May 23, 2017 | M | 30,770 | $23.35 | A | 88,295 | D | |
| Common SharesF1 | May 23, 2017 | S | 85,050 | $42.1155 | D | 3,245 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to buy) | $18.27 | May 23, 2017 | M | 33,297 | D | Feb 28, 2013 | Feb 28, 2020 | Common Shares | 33,297 | 0 | D |
| Employee Stock Option (Right to buy) | $23.35 | May 23, 2017 | M | 30,770 | D | Feb 28, 2014 | Feb 28, 2021 | Common Shares | 30,770 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.03 to $42.175, inclusive. The reporting person undertakes to provide to XL Group Ltd, any security holder of XL Group Ltd or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.