Blue Capital Reinsurance Holdings Ltd. 4
4 · Blue Capital Reinsurance Holdings Ltd. · Filed Jun 15, 2015
Insider Transaction Report
Form 4
Harris Christopher L
Director
Transactions
- Exercise/Conversion
Restricted Share Units
2015-06-15$17.48/sh−467$8,163→ 0 total - Award
Restricted Share Units
2015-06-15$17.48/sh+1,400$24,472→ 0 total
Holdings
- 5,000
Common Shares
Footnotes (2)
- [F1]Represents an award of restricted share units made on June 15, 2015 by the Company to Mr. Harris. This award will vest in three equal tranches on June 15, 2016, 2017 and 2018, subject to the Director remaining actively engaged as a Director in good standing on such dates.
- [F2]In accordance with a letter agreement between Montpelier Re Holdings Ltd. ("MRH") and Mr. Harris, all remuneration, including cash fees, restricted share units, any other equity-based awards and other compensation, to which Mr. Harris is or will become entitled for his service as a Director of the Company will be assigned or paid directly to MRH. Mr. Harris disclaims beneficial ownership of all such restricted share units, except to the extent of his pecuniary interest in such restricted share units by virtue of his ownership of MRH common shares.