AXIS CAPITAL HOLDINGS LTD — Director's Dealing 2016

Mar 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXIS CAPITAL HOLDINGS LTD (AXS)
CIK: 0001214816
Period of Report: 2016-03-01

Reporting Person: Gieryn Richard T JR (EVP, General Counsel & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-01	Common Shares	M	2030	$0.00	Acquired	57851	Direct
2016-03-01	Common Shares	D	1015	$54.84	Disposed	56836	Direct
2016-03-01	Common Shares	M	1578	$0.00	Acquired	58414	Direct
2016-03-01	Common Shares	D	789	$54.84	Disposed	57625	Direct
2016-03-01	Common Shares	F	603	$54.84	Disposed	57022	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-01	Restricted Stock Units	$	M	2030	Disposed		Common Shares (2030)	Direct
2016-03-01	Restricted Stock Units	$	M	1578	Disposed		Common Shares (1578)	Direct

Footnotes

F1: Upon vesting, each restricted stock unit will be equal in value to one common share (50% of the restricted stock units will be settled in common shares and 50% will be settled in cash).

F2: The restricted stock units vest in four equal annual installments beginning March 1, 2015.

F3: The restricted stock units vest in four equal annual installments beginning March 1, 2016.