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Filing Details

Accession Number:
0001181431-10-058531
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-02 11:10:09
Reporting Period:
2010-12-02
Filing Date:
2010-12-02
Filing Date Changed:
2010-12-02
Accepted Time:
2010-12-02 11:10:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1214816 Axis Capital Holdings Ltd AXS Fire, Marine & Casualty Insurance (6331) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1071287 A Charles Davis 20 Horseneck Lane
Greenwich CT 06830
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-12-02 2,900,032 $35.21 0 No 4 S Indirect See notes
Common Stock Disposition 2010-12-02 81,172 $35.21 0 No 4 S Indirect See notes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See notes
No 4 S Indirect See notes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Warrants $12.50 2010-12-02 2011-11-20 16,918,312 16,918,312 Indirect
Common Stock Warrants $12.50 2010-12-02 2011-11-20 473,264 473,264 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2011-11-20 16,918,312 16,918,312 Indirect
2011-11-20 473,264 473,264 Indirect
Footnotes
  1. Mr. Davis is one of the four general partners of Trident Capital II, L.P. ("Trident GP"), which is the sole general partner of Trident II, L.P. ("Trident II"). Mr. Davis is also a director and shareholder of Stone Point GP Ltd., the entity that is the sole general partner of Marsh & McLennan Capital Professionals Fund, L.P. ("CPF"). Mr. Davis is also chief executive officer and a member of Stone Point Capital LLC, which serves as the investment manager of Trident II and CPF.
  2. As noted in the tables above, after giving effect to the sale noted in Table I, Trident II currently beneficially owns Warrants to Purchase 16,918,312 Common Shares. Mr. Davis disclaims beneficial ownership of the Warrants that are, or may be deemed to be, beneficially owned by Trident II except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that Mr. Davis is the beneficial owner of such Warrants.
  3. As noted in the tables above, after giving effect to the sale noted in Table I, CPF beneficially owns Warrants to Purchase 473,264 Common Shares. Mr. Davis disclaims beneficial ownership of the Warrants that are, or may be deemed to be, beneficially owned by CPF except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that Mr. Davis is the beneficial owner of such Warrants.
  4. Marsh & McLennan Employees' Securities Company, L.P. ("ESC") beneficially owns Warrants to purchase 476,528 Common Shares. ESC has entered into an agreement with Trident II and CPF pursuant to which the parties have agreed to coordinate their disposition of Warrants of AXIS. Mr. Davis disclaims beneficial ownership of the Warrants that are, or may be deemed to be, beneficially owned by ESC. This report shall not be deemed an admission that Mr. Davis is the beneficial owner of such Warrants.
  5. Warrants are currently exercisable.