Bradley Thomas A - Jun 23, 2022 Form 4 Insider Report for Argo Group International Holdings, Ltd. (ARGO)

Signature
/s/ Allison D. Kiene, attorney-in-fact
Stock symbol
ARGO
Transactions as of
Jun 23, 2022
Transactions value $
$0
Form type
4
Date filed
6/23/2022, 06:49 PM
Previous filing
May 27, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARGO Common Stock Award $0 +78.8K +408.06% $0.00 98.1K Jun 23, 2022 Direct F1
transaction ARGO Common Stock Tax liability $0 -6.03K -6.14% $0.00 92K Jun 23, 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 +135K $0.00 135K Jun 23, 2022 Common Stock 135K $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.