SEC Form 4 · accession 0001209191-17-036523
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Stevens
Director
Period of report
May 26, 2017
Accepted (ET)
May 31, 2017 · 5:04 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 SharesF1 | May 26, 2017 | A | 3,465 | $0.00 | A | 13,710 | D | |
| Common SharesF2 | May 26, 2017 | S | 1,700 | $43.5494 | D | 12,010 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired represent the 2017 Director's annual stock award. The award was immediately vested as of the grant date.
- F2Represents the sale of shares to cover the tax liability associated with the grant. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.54 to $43.55, 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 range set forth in this footnote.