SEC Form 4 · accession 0001209191-17-065195
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John KCB Vereker
Director
Period of report
Dec 8, 2017
Accepted (ET)
Dec 12, 2017 · 4:21 pm EST
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 | Dec 8, 2017 | M | 10,000 | $9.84 | A | 66,455 | D | |
| Common SharesF1 | Dec 8, 2017 | S | 2,697 | $36.591 | D | 63,758 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy) | $9.84 | Dec 8, 2017 | M | 10,000 | D | May 1, 2012 | May 1, 2019 | Common Shares | 10,000 | 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 $36.59 to $36.60, 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.