GRIFFITHS ANTHONY F 4
4 · ODYSSEY RE HOLDINGS CORP · Filed Oct 29, 2009
Insider Transaction Report
Form 4
GRIFFITHS ANTHONY F
Director
Transactions
- Disposition to Issuer
Common Stock, $.01 par value
2009-10-28$65.00/sh−5,494$357,110→ 0 total - Disposition to Issuer
Stock Option (obligation to buy)
2009-10-28−604→ 0 totalExercise: $0.00→ Common Stock, $.01 par value (604 underlying) - Sale
Common Stock, $.01 par value
2009-10-27$65.00/sh−888$57,720→ 5,494 total - Disposition to Issuer
Stock Option (right to buy)
2009-10-28−5,000→ 604 totalExercise: $18.00Exp: 2012-04-02→ Common Stock, par value $.01 per share (5,000 underlying)
Footnotes (5)
- [F1]5,000 shares are held indirectly by Mr. Griffiths through his interest in Fourfourtwo Investments Limited.
- [F2]As a result of the merger of a wholly-owned subsidiary of Fairfax Financial Holdings Limited with and into Odyssey Re Holdings Corp. ("ORH"), effective October 28, 2009, all shares of ORH common stock held by the reporting person on the date of the merger were cancelled.
- [F3]Options were fully vested and cancelled in connection with the merger for a cash payment equal to the difference between $65.00 and the exercise price.
- [F4]Options totaling 224 were scheduled to vest on September 30, 2010. In connection with the merger, the ORH common stock underlying the options was replaced with restricted equity value rights.
- [F5]Options totaling 380 were scheduled to vest in two equal installments on September 30, 2010 and 2011, respectively. In connection with the merger, the ORH common stock underlying the options was replaced with restricted equity value rights.