BROWN DAVID A 4
4 · Flagstone Reinsurance Holdings Ltd · Filed Dec 29, 2009
Insider Transaction Report
Form 4
BROWN DAVID A
DirectorChief Executive Officer
Transactions
- Other
Common Shares
2009-12-16$10.84/sh+24,000$260,270→ 349,205 total(indirect: See Footnote) - Other
Common Shares
2009-12-15$10.90/sh+24,000$261,566→ 325,205 total(indirect: See Footnote) - Other
Common Shares
2009-12-17$10.72/sh+22,000$235,833→ 371,205 total(indirect: See Footnote) - Other
Common Shares
2009-12-18$10.79/sh+20,000$215,878→ 391,205 total(indirect: See Footnote) - Other
Common Shares
2009-12-21$10.91/sh+1,700$18,546→ 392,905 total(indirect: See Footnote)
Footnotes (1)
- [F1]Between December 15, 2009 and December 21, 2009, Haverford (Bermuda) Ltd ("Haverford"), an affiliate of Flagstone Reinsurance Holdings Limited (the "Company") purchased 91,700 common shares of the Company. [215,505] of these common shares represent the indirect proportionate interest of the reporting person in 2,934,109 common shares of the Company held by Haverford, based on the proportionate interest of the reporting person in Haverford. The reporting person may be deemed to have investment or voting control over Haverford. These shares are held through a trust for the benefit of others and the reporting person therefore disclaims beneficial ownership of these shares. 82,435 of these common shares are held by Leyton Limited, a company owned by a trust for which the reporting person serves as settlor and reporting person disclaims beneficial ownership of these shares. 10,000 of these common shares are held directly by the reporting person.