MONTPELIER RE HOLDINGS LTD 4
4 · MONTPELIER RE HOLDINGS LTD · Filed May 21, 2008
Insider Transaction Report
Form 4
DWYER CLEMENT S JR
Director
Transactions
- Award
Restricted Share Units
2008-05-21$16.67/sh+5,000$83,350→ 5,000 total
Holdings
- 6,000
Common Shares
Footnotes (1)
- [F1]The RSUs granted to Mr. Dwyer by the Board under our Long-Term Incentive Plan constitute phantom restricted shares which will vest ratably in four equal annual tranches based on continuous service as a director and are payable in the Company's common shares at the end of the RSU term.