Athene Holding Ltd. — Director's Dealing 2016

Dec 9, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Athene Holding Ltd (ATH)
CIK: 0001527469
Period of Report: 2016-12-09

Reporting Person: WHEELER WILLIAM J (President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Shares	364118	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class M-4 Prime Common Shares	$27.83		Class A Common Shares (2500000)		Direct
Restricted Stock Units	$		Class A Common Shares (11046)		Direct
Employee Stock Option (right to buy)	$33.95	2026-06-06	Class A Common Shares (64323)		Direct

Footnotes

F1: Of these Class A common shares, 4,793 were originally issued pursuant to restricted share awards which vest one third on each of the first three anniversaries of the vesting start date and immediately upon a sale or change in control of the Issuer. 3,195 of such Class A common shares remain unvested as of the date of this report.

F2: These Class M-4 Prime common shares are exchangeable into Class A common shares, on a one-to-one basis, once vested and upon payment of the conversion price (which can be paid in cash or shares). Once vested, these Class M-4 Prime common shares have no expiration date and can be converted at the holder's election into Class A common shares at any time.

F3: One-third of these Class M-4 Prime common shares vest based on time, with such shares vesting ratably on each of the first five anniversaries of the October 1, 2015 vesting start date; one-third vest upon the trading price of the Class A common shares attaining a per-share volume weighted average closing trading price of $50 or more during any 120-day period (or upon a sale or change in control in which Class A common shares are valued at $50 or more); and one-third vest upon the trading price of the Class A common shares attaining a per-share volume weighted average closing trading price of $70 or more during any 120-day period (or upon a sale or change in control in which Class A common shares are valued at $70 or more). Any remaining unvested Class M-4 Prime common shares expire October 1, 2025.

F4: Each restricted stock unit ("RSU") represents a contingent right to receive one Class A common share of the Issuer. The RSUs reported herein vest on each of the first three anniversaries of the January 1, 2016 vesting start date. An additional 22,092 RSUs not reported herein vest only if the Issuer satisfies certain performance criteria over the three fiscal year period from January 1, 2016 to December 31, 2018.

F5: This option vests ratably on each of the first three anniversaries of the January 1, 2016 vesting start date.