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AXIS CAPITAL HOLDINGS LTD — Director's Dealing 2017
Feb 2, 2017
30782_dirs_2017-02-02_40d57076-bc00-4788-9bde-c8ed2d16b20b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AXIS CAPITAL HOLDINGS LTD (AXS)
CIK: 0001214816
Period of Report: 2017-01-31
Reporting Person: Brooks Conrad D. (EVP, General Counsel & Sec)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-31 | Restricted Stock Units | $ | A | 5467 | Acquired | Common Shares (5467) | Direct | |
| 2017-01-31 | Restricted Stock Units | $ | A | 546 | Acquired | Common Shares (546) | 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, 2018.
F3: Represents a guaranteed minimum award of performance-based restricted stock units. The award may increase up to 10,934 restricted stock units provided that certain Company performance conditions are satisfied. The award will be eligible to vest in a single installment on March 1, 2020.