Kim Jonathan B 4
4 · MONTPELIER RE HOLDINGS LTD · Filed Mar 18, 2013
Insider Transaction Report
Form 4
Kim Jonathan B
Secretary
Transactions
- Exercise/Conversion
Common Shares
2013-03-15$25.63/sh+4,405$112,891→ 37,121 total - Tax Payment
Restricted Share Units
2013-03-15$25.63/sh−1,468$37,622→ 24,803 total - Exercise/Conversion
Restricted Share Units
2013-03-15$25.63/sh−4,405$112,891→ 20,398 total - Award
Restricted Share Units
2013-03-15$25.63/sh+23,490$602,002→ 26,271 total
Footnotes (1)
- [F1]Represents an award of variable Restricted Stock Units made on March 15, 2013 for the period from January 1, 2012 to December 31, 2015. Variable RSUs are contingent awards in which the actual number of RSUs to be awarded is dependent on Company performance during the initial year of the four year award cycle. The variable RSUs are 25% vested upon final determination with the remainder vesting ratably on December 15, 2013, 2014 and 2015, subject to continuous employment with the company.