Filing Details
- Accession Number:
- 0001209191-16-156914
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-28 18:31:10
- Reporting Period:
- 2016-12-23
- Filing Date:
- 2016-12-28
- Accepted Time:
- 2016-12-28 18:31:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 875159 | Xl Group Ltd | XL | Fire, Marine & Casualty Insurance (6331) | 980665416 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1205170 | S Michael Mcgavick | O'Hara House One Bermudiana Road Hamilton D0 HM 08 | Chief Executive Officer | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Xl Ordinary Shares | Acquisiton | 2016-12-23 | 91,000 | $3.31 | 331,423 | No | 4 | M | Direct | |
| Xl Ordinary Shares | Disposition | 2016-12-23 | 91,000 | $38.00 | 240,423 | No | 4 | S | Direct | |
| Xl Ordinary Shares | Acquisiton | 2016-12-27 | 200,000 | $3.31 | 440,423 | No | 4 | M | Direct | |
| Xl Ordinary Shares | Disposition | 2016-12-27 | 200,000 | $38.12 | 240,423 | No | 4 | S | Direct | |
| Xl Ordinary Shares | Acquisiton | 2016-12-28 | 3,072 | $18.27 | 243,495 | No | 4 | M | Direct | |
| Xl Ordinary Shares | Disposition | 2016-12-28 | 3,072 | $38.00 | 240,423 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 |
|---|---|---|---|---|---|---|---|
| Ordinary Shares | Employee Stock Option (Right to buy) | Disposition | 2016-12-23 | 91,000 | $0.00 | 91,000 | $3.31 |
| Ordinary Shares | Employee Stock Option (Right to buy) | Disposition | 2016-12-27 | 200,000 | $0.00 | 200,000 | $3.31 |
| Ordinary Shares | Employee Stock Option (Right to buy) | Disposition | 2016-12-28 | 3,072 | $0.00 | 3,072 | $18.27 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 200,000 | 2012-02-27 | 2019-02-27 | No | 4 | M | Direct |
| 0 | 2012-02-27 | 2019-02-27 | No | 4 | M | Direct |
| 329,892 | 2013-02-28 | 2020-02-28 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 31, 2016.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.00 to $38.005, inclusive. The reporting person undertakes to provide to XL Group Ltd., any security holder of XL Group Ltd., 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 range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.00 to $38.24, inclusive. The reporting person undertakes to provide to XL Group Ltd., any security holder of XL Group Ltd., 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 range set forth in this footnote.
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