Kent W. Ziegler - 01 Mar 2022 Form 4 Insider Report for AXIS CAPITAL HOLDINGS LTD (AXS)

Role: Principal Acct Off, Controller
Signature: G. Christina Gray-Trefry, Attorney-in-Fact
Issuer symbol: AXS
Transactions as of: 01 Mar 2022
Net transactions value: -$130,712
Form type: 4
Filing time: 03 Mar 2022, 16:56:23 UTC
Previous filing: 27 Jan 2022
Next filing: 05 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXS	Common Shares	Options Exercise	$0	+1,645	+6.7%	$0.000000	26,098	01 Mar 2022	Direct
transaction	AXS	Common Shares	Disposed to Issuer	$43,500	-822	-3.1%	$52.92	25,276	01 Mar 2022	Direct
transaction	AXS	Common Shares	Tax liability	$87,212	-1,648	-6.5%	$52.92	23,628	01 Mar 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	AXS	Restricted Stock Units	Options Exercise	$0	-1,645	-50%	$0.000000	1,646	01 Mar 2022	Common Shares	1,645		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Upon vesting, each restricted stock unit will be equal in value to one common share (50% of the restricted stock units will be settled in common shares and 50% will be settled in cash).
F2	The restricted stock units vest in four equal annual installments beginning March 1, 2020.