Filing Details
- Accession Number:
- 0001209191-13-009951
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-20 11:29:49
- Reporting Period:
- 2013-02-15
- Filing Date:
- 2013-02-20
- Accepted Time:
- 2013-02-20 11:29:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1171500 | Platinum Underwriters Holdings Ltd | PTP | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1241514 | J Neal Schmidt | Platinum Administrative Services, Inc. 2 World Financial Center, Suite 2300 New York NY 10281 | Evp And Chief Actuary - Pasi | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Acquisiton | 2013-02-15 | 9,760 | $33.92 | 40,401 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2013-02-15 | 21,655 | $34.34 | 62,056 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2013-02-15 | 31,415 | $51.75 | 30,641 | No | 4 | S | Direct | |
| Common Shares | Acquisiton | 2013-02-16 | 1,675 | $0.00 | 32,316 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2013-02-16 | 864 | $51.75 | 31,452 | No | 4 | F | Direct | |
| Common Shares | Acquisiton | 2013-02-19 | 9,016 | $33.92 | 40,468 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2013-02-19 | 31,984 | $34.34 | 72,452 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2013-02-19 | 41,000 | $51.75 | 31,452 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Non-qualified Stock Option (Right to Buy) | Disposition | 2013-02-15 | 9,760 | $0.00 | 9,760 | $33.92 |
| Common Shares | Non-qualified Stock Option (Right to Buy) | Disposition | 2013-02-15 | 21,655 | $0.00 | 21,655 | $34.34 |
| Common Shares | Share units | Disposition | 2013-02-16 | 1,675 | $0.00 | 1,675 | $0.00 |
| Common Shares | Non-qualified Stock Option (Right to Buy) | Disposition | 2013-02-19 | 9,016 | $0.00 | 9,016 | $33.92 |
| Common Shares | Non-qualified Stock Option (Right to Buy) | Disposition | 2013-02-19 | 31,984 | $0.00 | 31,984 | $34.34 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 9,016 | 2018-02-20 | No | 4 | M | Direct | |
| 31,984 | 2017-05-29 | No | 4 | M | Direct | |
| 3,348 | No | 4 | M | Direct | ||
| 0 | 2018-02-20 | No | 4 | M | Direct | |
| 0 | 2017-05-29 | No | 4 | M | Direct |
Footnotes
- The option vested in four equal annual installments beginning on February 21, 2009.
- The option vested in four equal annual installments beginning on February 21, 2008.
- 1-for-1
- These share units were granted on February 16, 2011 under the 2010 Share Incentive Plan of Platinum Underwriters Holdings, Ltd. (the "Company"). On February 16, 2013, the second quarter of these share units vested and the Company issued to the reporting person one Common Share for each vested share unit. The remaining share units will vest ratably on the third and fourth anniversaries of the date of grant and on these vesting dates the Company will issue to the reporting person one Common Share for each vested share unit.
Billionaire Hedge Funds
