James River Group Holdings, Ltd. — Director's Dealing 2017

Mar 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: James River Group Holdings, Ltd. (JRVR)
CIK: 0001620459
Period of Report: 2017-03-02

Reporting Person: Myron Robert Patrick (Pres. & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-02	Common Shares	M	70000	$14.96	Acquired	180769	Direct
2017-03-02	Common Shares	F	23844	$43.92	Disposed	156925	Direct
2017-03-02	Common Shares	S	46156	$42.44	Disposed	110769	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-02	Employee Share Option (Right to Buy)	$14.96	M	70000	Disposed	2018-03-02	Common Share (70000)	Direct

Footnotes

F1: The shares disposed of were withheld by James River Group Holdings, Ltd. (the "Company") for payment of the exercise price incident to the exercise of the options referenced in Table II.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.15 to $43.11, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F3: 25% of the share option vested immediately upon grant, and the remaining portion of the share option vested in three 25% increments on March 2 of each of the years 2012 through 2014.