MONTPELIER RE HOLDINGS LTD 4
4 · MONTPELIER RE HOLDINGS LTD · Filed Mar 17, 2014
Insider Transaction Report
Form 4
BUSHER THOMAS GEORGE STORY
DirectorChief Operating Officer
Transactions
- Exercise/Conversion
Common Shares
2014-03-14$28.78/sh+88,724$2,553,299→ 88,724 total - Exercise/Conversion
Restricted Share Units
2014-03-14$28.78/sh−88,724$2,553,299→ 0 total - Award
Restricted Share Units
2014-03-14$28.78/sh+88,724$2,553,299→ 88,724 total
Holdings
- 25,000
Preferred Shares, Series A
Footnotes (2)
- [F1]Represents an award of Variable Restricted Share Units ("RSUs") made on March 14, 2014 for the period from January 1, 2013 to December 31, 2016. Variable RSUs are contingent awards in which the actual number of RSUs to be awarded is dependent on Company performance.
- [F2]Represents the vesting of all Variable Restricted Share Units made on March 14, 2014 for the period from January 1, 2013 to December 31, 2016 pursuant to the Transition Letter by and between Mr. Busher and the Registrant dated February 21, 2013.