Baker Alexander James 4
4 · Hamilton Insurance Group, Ltd. · Filed Mar 7, 2024
Insider Transaction Report
Form 4
Baker Alexander James
CEO, Hamilton Global Specialty
Transactions
- Award
Class B Common Shares
2024-03-05+15,778→ 58,128 total - Award
2024 LTIP - Performance Stock Units
2024-03-05+15,778→ 15,778 total→ Class B Common Shares (15,778 underlying)
Footnotes (2)
- [F1]On March 5, 2024, the reporting person was granted 15,778 restricted stock units ('RSUs') that vest one-third per year on January 1, 2025, 2026 and 2027, respectively. Each RSU represents the right to receive one Class B common share. The number reported here reflects the RSUs outstanding subject to future vesting.
- [F2]On March 5, 2024 the reporting person was granted 15,778 performance stock units ('PSUs') that are earned based on two equally-weighted performance measures: (i) Return on Equity and (ii) Book Value per Share growth, both measured on an absolute basis, for the 3-year performance period ending on December 31, 2026. Each PSU represents a contingent right to receive one Class B common share. The number of units subject to vest under this award can range from 0% to 200% of the amount shown based on the satisfaction of the performance target during the performance period.