TREACY JOHN C 4
4 · OneBeacon Insurance Group, Ltd. · Filed Sep 28, 2017
Insider Transaction Report
Form 4
TREACY JOHN C
Chief Accounting Officer
Transactions
- Disposition to Issuer
Class A Common Shares
2017-09-28$18.10/sh−5,638$102,048→ 0 total - Disposition to Issuer
Phantom Stock Units
2017-09-28$18.10/sh−19,853$359,339→ 0 total→ Class A Common Shares (19,853 underlying) - Disposition to Issuer
Class A Common Shares
2017-09-28$18.10/sh−1,356$24,544→ 0 total(indirect: By 401(k))
Footnotes (3)
- [F1]Disposition in connection with the merger (the "Merger") between Intact Acquisition Co. Ltd. and OneBeacon Insurance Group, Ltd. ("OneBeacon"), exempt pursuant to Rule 16b-3, in which each outstanding Class A common share of OneBeacon ("Class A Share") was converted into the right to receive an amount in cash equal to $18.10 per share.
- [F2]Disposition in connection with the Merger, exempt pursuant to Rule 16b-3, in which each outstanding Class A Share was converted into the right to receive an amount in cash equal to $18.10 per share.
- [F3]In connection with the Merger, each outstanding phantom stock unit of OneBeacon was converted into the right to receive an amount in cash equal to the product of (i) the sum of $18.10 plus any accrued dividend equivalents in respect of a Class A Share subject to such phantom stock unit, multiplied by (ii) the number of Class A Shares subject to such phantom stock unit immediately prior to the effective time of the Merger; such cash amount shall continue to be subject to service-based vesting conditions.