4//SEC Filing
CAPITAL Z FINANCIAL SERVICES FUND II LP 4
Accession 0000909518-05-000806
CIK 0001091748other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 6:09 PM ET
Size
6.1 KB
Accession
0000909518-05-000806
Insider Transaction Report
Form 4
Transactions
- Purchase
Series D Preferred Shares
2005-10-07$1000.00/sh+18,894$18,894,000→ 18,894 total(indirect: _)
Footnotes (3)
- [F1]Series D Perpetual Non-Voting Preferred Shares, par value $1.00 per share ("Series D Preferred Shares"), of PXRE Group, Ltd. (the "Company").
- [F2]Each Series D Preferred Share is exchangeable, without any further payment, for common shares of the Company ("Common Shares") at an exchange ratio equal to a fraction, of which the numerator is 1,000 and the denominator is 11, subject to adjustments for stock splits and stock dividends. The exchange of the Series D Preferred Shares for Commons Shares is conditioned on approval by the Company's shareholders and accordingly there is no fixed date for such exchange.
- [F3]Includes 18,894 Series D Preferred Shares held by CapZ PXRE Holdings, LLC. Reporting Person is the sole member of CapZ PXRE Holdings, LLC. Each Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of its pecuniary interest therein, and the inclusion of such Common Shares in this report shall not be deemed an admission of beneficial ownership of such reported Common Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Documents
Issuer
PXRE GROUP LTD
CIK 0001091748
Entity typeother
Related Parties
1- filerCIK 0001075567
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 6:09 PM ET
- Size
- 6.1 KB