Raymond Wong - 23 Nov 2021 Form 4 Insider Report for ALLEGHANY CORP /DE (Y)

Role: Director
Signature: /s/ Christopher K. Dalrymple, Attorney-in-Fact
Issuer symbol: Y
Transactions as of: 23 Nov 2021
Net transactions value: +$12.28
Form type: 4
Filing time: 24 Nov 2021, 12:29:56 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	Gift	$0	-503	-6.2%	$0.000000	7,577	23 Nov 2021	Direct	F1
transaction	Y	Common Stock	Options Exercise	$170,885	+523	+6.9%	$326.74	8,100	23 Nov 2021	Direct
transaction	Y	Common Stock	Tax liability	$170,873	-243	-3%	$703.18	7,857	23 Nov 2021	Direct
holding	Y	Common Stock						300	23 Nov 2021	Held by limited liability company in which reporting person has a pecuniary interest
holding	Y	Common Stock						900	23 Nov 2021	Held by a trust over which reporting person has voting and investment power

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	23 Nov 2021	Common Stock	523	$326.74	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Gift of shares of the registrant's common stock to a third party for no consideration.
F2	Reflects adjustments to the exercise price and the number of shares underlying the option as a result of stock dividends.
F3	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.