SEC Form 4 · accession 0001209191-18-019218
XL GROUP LTD · XL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S McGavick
Officer — Chief Executive Officer · Director
Period of report
Mar 9, 2018
Accepted (ET)
Mar 13, 2018 · 4:25 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 | Mar 9, 2018 | M | 125,000 | $37.78 | A | 406,667 | D | |
| Common SharesF1 | Mar 9, 2018 | F | 101,818 | $55.70 | D | 304,849 | 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 | $37.78 | Mar 9, 2018 | M | 125,000 | D | May 2, 2011 | May 2, 2018 | Common Shares | 125,000 | 0 | D |
Explanation of responses
- F1As a result of this transaction, the reporting person acquired ownership of an additional 23,182 shares of XL common stock.