Ian H. Chippendale - Dec 7, 2021 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: Dec 7, 2021
Transactions value $: -$181,989
Form type: 4
Date filed: 12/9/2021, 01:58 PM
Next filing: Oct 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	Y	Common Stock	Options Exercise	$171K	+523	+18.91%	$326.74	3.29K	Dec 7, 2021	Direct
transaction	Y	Common Stock	Tax liability	-$171K	-253	-7.69%	$676.11	3.04K	Dec 7, 2021	Direct
transaction	Y	Common Stock	Sale	-$182K	-270	-8.89%	$673.40	2.77K	Dec 8, 2021	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	Y	Option (right to buy)	Options Exercise		-523	-100%		0	Dec 7, 2021	Common Stock	523	$326.74	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects adjustments to the exercise price and the number of shares underlying the option as a result of stock dividends.
F2	One-third of such option became exercisable on each of the first, second and third anniversaries of the date of grant. The option was granted for no cash consideration.