AXIS CAPITAL HOLDINGS LTD 4
4 · AXIS CAPITAL HOLDINGS LTD · Filed Aug 16, 2012
Insider Transaction Report
Form 4
BUTT MICHAEL A
DirectorChairman
Transactions
- Tax Payment
Common Shares
2012-08-14$34.19/sh−29,599$1,011,990→ 1,157,531 total - Exercise/Conversion
Common Shares
2012-08-14$14.50/sh+40,000$580,000→ 1,197,531 total - Exercise/Conversion
Employee Stock Option
2012-08-14−80,000→ 0 totalExercise: $12.65Exp: 2012-09-29→ Common Shares (80,000 underlying) - Exercise/Conversion
Common Shares
2012-08-14$12.65/sh+80,000$1,012,000→ 1,187,130 total - Tax Payment
Common Shares
2012-08-14$34.19/sh−16,964$579,999→ 1,180,567 total - Exercise/Conversion
Employee Stock Option
2012-08-14−40,000→ 0 totalExercise: $14.50Exp: 2012-12-11→ Common Shares (40,000 underlying)
Footnotes (2)
- [F1]The Employee Stock Option vested in three equal installments commencing September 30, 2002.
- [F2]The Employee Stock Option vested in three equal installments commencing December 12, 2002.