Ian H. Chippendale - 07 Dec 2021 Form 4 Insider Report for ALLEGHANY CORP /DE

Role: Director
Signature: /s/ Christopher K. Dalrymple, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 07 Dec 2021
Net transactions value: -$181,989
Form type: 4
Filing time: 09 Dec 2021, 13:58:36 UTC
Next filing: 21 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	Y	Common Stock	Options Exercise	$170,885	+523	+19%	$326.74	3,289	07 Dec 2021	Direct
transaction	Y	Common Stock	Tax liability	$171,056	-253	-7.7%	$676.11	3,036	07 Dec 2021	Direct
transaction	Y	Common Stock	Sale	$181,818	-270	-8.9%	$673.40	2,766	08 Dec 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	07 Dec 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.