BRADLEY THOMAS A - 23 Jun 2022 Form 4 Insider Report for Argo Group International Holdings, Ltd. (ARGD)

Role
Chief Executive Officer, Director
Signature
/s/ Allison D. Kiene, attorney-in-fact
Issuer symbol
ARGD
Transactions as of
23 Jun 2022
Net transactions value
$0
Form type
4
Filing time
23 Jun 2022, 18:49:44 UTC
Previous filing
27 May 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARGO Common Stock Award $0 +78,760 +408% $0.000000 98,061 23 Jun 2022 Direct F1
transaction ARGO Common Stock Tax liability $0 -6,025 -6.1% $0.000000 92,036 23 Jun 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARGO Stock Appreciation Rights Award $0 +135,000 $0.000000 135,000 23 Jun 2022 Common Stock 135,000 $43.80 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the restricted stock award granted on June 23, 2022 under the Argo Group International Holdings, Ltd. (the "Company") 2019 Omnibus Incentive Plan (the "2019 Plan") that vests in equal monthly installments over a twelve month period beginning as of March 3, 2022, subject to Mr. Bradley's continued employment as the Company's Chief Executive Officer.
F2 Represents the exercise price of a stock appreciation right ("SAR") award equal to 115% of the closing price of a share of the Company's common stock on the date prior to the grant.
F3 Represents the SAR award granted on June 23, 2022 under the 2019 Plan that vests in one-third equal installments on each of the first three anniversaries of the grant date, subject to Mr. Bradley's continued employment as the Company's Chief Executive Officer.

Remarks:

This Form 4 reports the restricted stock and stock appreciation right awards granted to Mr. Bradley in connection with his appointment as the Company's Chief Executive Officer.