Ian H. Chippendale - Oct 19, 2022 Form 4 Insider Report for ALLEGHANY CORP /DE (Y)

Role
Director
Signature
/s/ Christopher K. Dalrymple, Attorney-in-Fact
Stock symbol
Y
Transactions as of
Oct 19, 2022
Transactions value $
$0
Form type
4
Date filed
10/21/2022, 04:51 PM
Previous filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Y Common Stock Disposed to Issuer -2.77K -100% 0 Oct 19, 2022 Direct F1, F2, F3, F4

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 Y Phantom Units Disposed to Issuer -1.71K -100% 0 Oct 19, 2022 Common Stock 1.71K Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ian H. Chippendale is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposition pursuant to the merger (the "Merger") of O&M Acquisition Corp. with and into Alleghany Corporation ("Alleghany"), pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 20, 2022, by and among Alleghany, Berkshire Hathaway Inc. and O&M Acquisition Corp.
F2 At the effective time of the Merger, each share of Alleghany common stock was converted into the right to receive $848.02 in cash, without interest (the "Merger Consideration").
F3 At the effective time of the Merger, each restricted stock unit that was not subject to any performance-based vesting requirements granted to non-employee directors under Alleghany's directors' stock plans ("Director RSU") was cancelled and converted into the right to receive an amount equal to the Merger Consideration at the time specified in the applicable plan and award agreement or applicable deferral election, subject to the terms set forth in the Merger Agreement.
F4 Represents number of shares of Alleghany common stock underlying Mr. Chippendale's Director RSUs.
F5 1-for-1.
F6 Disposition pursuant to the Merger; each Phantom Unit is settled in cash.