FULKERSON ALLAN W 4
4 · MONTPELIER RE HOLDINGS LTD · Filed Sep 30, 2008
Insider Transaction Report
Form 4
FULKERSON ALLAN W
Director
Transactions
- Award
Director Share Units
2008-09-30$16.51/sh+481$7,940→ 5,878 total→ Common Shares (481 underlying)
Holdings
- 1,580
Common Shares
- 5,000
Restricted Share Units
Footnotes (3)
- [F1]Director Share Units are phantom shares that are convertible into common shares on a one-to-one basis or an equivalent amount of cash, at the option of the Reporting Person.
- [F2]On September 30, 2008, the Reporting Person's Director Share Unit account was credited with a $7,500 deferred quarterly board retainer and an amount of Director Share Units equal in value to the ordinary dividend earned on the underlying common shares.
- [F3]Director Share Units are payable upon separation from service.