4//SEC Filing
VALIDUS HOLDINGS LTD 4
Accession 0000899243-15-009335
CIK 0001348259operating
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 6:10 PM ET
Size
10.8 KB
Accession
0000899243-15-009335
Insider Transaction Report
Form 4
Watson Christopher E
Director
Transactions
- Exercise/Conversion
Common Shares
2015-12-02$17.50/sh+6,025.61$105,448→ 6,025.61 total - Tax Payment
Common Shares
2015-12-02$47.68/sh−2,211.58$105,448→ 3,814 total - Exercise/Conversion
Warrants (right to buy)
2015-12-02−6,025.61→ 0 totalExercise: $17.50Exp: 2015-12-12→ Common Shares (6,025.61 underlying)
Footnotes (2)
- [F1]On December 2, 2015, the Reporting Person exercised warrants to purchase Common shares ("Common Shares") of Validus Holdings, Ltd. (the "Issuer"). The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding Common Shares to pay the exercise price and issuing the remaining Common Shares to the Reporting Person. The Issuer also paid cash to the Reporting Person in lieu of issuing fractional shares.
- [F2]These warrants are exercisable at any time prior to their expiration date.
Issuer
VALIDUS HOLDINGS LTD
CIK 0001348259
Entity typeoperating
Related Parties
1- filerCIK 0001348259
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 6:10 PM ET
- Size
- 10.8 KB