SEC Form 4 · accession 0001209191-18-007827
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Lee Cross
Officer — Global Chief Actuary
Period of report
Feb 2, 2018
Accepted (ET)
Feb 6, 2018 · 4:07 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 |
|---|---|---|---|---|---|---|---|---|
| XL Common Shares | Feb 2, 2018 | M | 20,000 | $19.62 | A | 58,688 | D | |
| XL Common SharesF2 | Feb 2, 2018 | S | 20,000 | $39.00 | D | 38,688 | 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) | $19.62 | Feb 2, 2018 | M | 20,000 | D | Aug 11, 2011 | Aug 11, 2018 | Common Shares | 20,000 | 30,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2017.
- F2The price reported in Column 4 is the sale price. 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.