TIMOTHY WRENDON 4
4 · OXBRIDGE RE HOLDINGS Ltd · Filed Feb 20, 2025
Insider Transaction Report
Form 4
TIMOTHY WRENDON
Controller & Secretary
Transactions
- Award
Ordinary Shares
2025-02-14+25,000→ 100,050 total - Exercise/Conversion
Ordinary Shares
2025-02-14$2.00/sh+90,000$180,000→ 190,050 total - Tax Payment
Ordinary Shares
2025-02-14$5.14/sh−35,020$180,003→ 155,030 total - Exercise/Conversion
Share Options (right to buy)
2025-02-14−90,000→ 0 totalExercise: $2.00From: 2023-01-01Exp: 2029-03-16→ Ordinary Shares (90,000 underlying)
Holdings
- 75,000
Share Options (right to buy)
Exercise: $6.00Exp: 2031-03-02→ Ordinary Shares (75,000 underlying) - 10,000
Share Options (right to buy)
Exercise: $6.06Exp: 2027-01-20→ Ordinary Shares (10,000 underlying) - 10,000
Share Options (right to buy)
Exercise: $6.00Exp: 2026-01-16→ Ordinary Shares (10,000 underlying) - 7,500
Warrants to Purchase Ordinary Shares
Exercise: $7.50Exp: 2029-03-26→ Ordinary Shares (7,500 underlying)
Footnotes (4)
- [F1]Represents grant of restricted ordinary shares under the Issuer's 2021 Omnibus Incentive Plan.
- [F2]Represents a "net exercise" of 90,000 outstanding share options. 35,020 shares were withheld by the company for payment of the exercise price at a share price of $5.14. The remaining net 54,980 ordinary shares were issued to, and retained by, the reporting person.
- [F3]These share options are currently exercisable and vested in increments of 6.25% each on a quarterly basis, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year, over a four-year period.
- [F4]Currently exercisable.