Kent W. Ziegler - 01 Mar 2023 Form 4 Insider Report for AXIS CAPITAL HOLDINGS LTD (AXS)

Role: Principal Acct Off, Controller
Signature: G. Christina-Gray Trefrey, Attorney-in-Fact
Issuer symbol: AXS
Transactions as of: 01 Mar 2023
Net transactions value: -$187,509
Form type: 4
Filing time: 03 Mar 2023, 17:07:40 UTC
Previous filing: 26 Jan 2023
Next filing: 01 Feb 2024
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	+1,646	+5.4%	$0.000000	32,287	01 Mar 2023	Direct
transaction	AXS	Common Shares	Disposed to Issuer	$50,071	-823	-2.5%	$60.84	31,464	01 Mar 2023	Direct
transaction	AXS	Common Shares	Tax liability	$137,438	-2,259	-7.2%	$60.84	29,205	01 Mar 2023	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	-1,646	-100%	$0.000000^*	0	01 Mar 2023	Common Shares	1,646		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.