1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units
|
Â
(1)
|
Â
(1)
|
Ordinary Shares
|
28,604
|
$
(2)
|
D
|
Â
|
Dividend Equivalent Right
|
Â
(3)
|
Â
(3)
|
Ordinary Shares
|
397.33
|
$
(3)
|
D
|
Â
|
Restricted Stock Units
|
Â
(4)
|
Â
(4)
|
Ordinary Shares
|
13,813
|
$
(2)
|
D
|
Â
|
Dividend Equivalent Right
|
Â
(5)
|
Â
(5)
|
Ordinary Shares
|
60.06
|
$
(5)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Restricted stock units granted on September 9, 2014 will vest in installments beginning on on each anniversary of (February 28, 2016, 2017, 2018 and 2019), provided the reporting person's employment continues through such vesting dates. |
(2) |
Each restricted stock unit represents a contingent right to receive one share of XL common stock. |
(3) |
Dividend equivalent rights accrued on 2014 restricted stock unit awards. Dividends will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one XL ordinary share. |
(4) |
Restricted stock units granted on February 28, 2015 vest in three equal annual installments on each anniversary of the grant date (February 28, 2016, 2017 and 2018), provided the reporting person's employment continues through such vesting dates |
(5) |
Dividend equivalent rights accrued on 2015 restricted stock unit award. Dividends will vest proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one XL ordinary share. |