SEC Form 4 · accession 0001209191-18-018471
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John KCB Vereker
Director
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 4:06 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 SharesF1 | Mar 7, 2018 | F | 1,448 | $55.75 | D | 62,310 | D | |
| Common SharesF1 | Mar 7, 2018 | M | 2,500 | $32.28 | A | 64,810 | 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)F1 | $32.28 | Mar 7, 2018 | M | 2,500 | D | Apr 25, 2011 | Apr 25, 2018 | Common Shares | 2,500 | 0 | D |
Explanation of responses
- F1This Form is being filed to report the exercise of an XL Group Ltd stock option for a total of 2,500 shares by means of a stock swap. As a result of this stock swap, the reporting person acquired ownership of an additional 1,052 shares of XL common stock.