4//SEC Filing
Madhu Sanjay 4
Accession 0000897069-25-000333
CIK 0001584831other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:07 PM ET
Size
17.4 KB
Accession
0000897069-25-000333
Insider Transaction Report
Form 4
Madhu Sanjay
DirectorCEO, President
Transactions
- Award
Ordinary Shares
2025-02-14+40,000→ 210,000 total - Exercise/Conversion
Ordinary Shares
2025-02-14$2.00/sh+200,000$400,000→ 410,000 total - Tax Payment
Ordinary Shares
2025-02-14$5.14/sh−77,821$400,000→ 332,179 total - Exercise/Conversion
Share Options (right to buy)
2025-02-14+200,000→ 0 totalExercise: $2.00From: 2023-01-01Exp: 2029-03-16→ Ordinary Shares (200,000 underlying)
Holdings
- 105,000(indirect: See Footnote)
Warrants to Purchase Ordinary Shares
Exercise: $7.50Exp: 2029-03-26→ Ordinary Shares (105,000 underlying) - 98,768(indirect: See Footnote)
Warrants to Purchase Ordinary Shares
Exercise: $7.50Exp: 2029-03-26→ Ordinary Shares (98,768 underlying) - 125,231(indirect: See Footnote)
Ordinary Shares
- 175,000
Share Options (right to buy)
Exercise: $6.00Exp: 2031-03-02→ Ordinary Shares (175,000 underlying) - 25,000
Share Options (right to buy)
Exercise: $6.06Exp: 2027-01-20→ Ordinary Shares (25,000 underlying) - 25,000
Share Options (right to buy)
Exercise: $6.00Exp: 2026-01-16→ Ordinary Shares (25,000 underlying)
Footnotes (5)
- [F1]Represents grant of restricted ordinary shares under the Issuer's 2021 Omnibus Incentive Plan.
- [F2]Represents a "net exercise" of 200,000 outstanding share options. 77,821 shares were withheld by the company for payment of the exercise price at a share price of $5.14. The remaining net 122,179 ordinary shares were issued to, and retained by, the reporting person.
- [F3]Shares indirectly held in the name of Universal Finance and Investments, L.C., which is 100% owned by the Reporting Person.
- [F4]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.
- [F5]Currently exercisable.
Documents
Issuer
OXBRIDGE RE HOLDINGS Ltd
CIK 0001584831
Entity typeother
Related Parties
1- filerCIK 0001439935
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:07 PM ET
- Size
- 17.4 KB