4//SEC Filing
ENDURANCE SPECIALTY HOLDINGS LTD 4
Accession 0001179755-17-000053
CIK 0001582086operating
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 4:09 PM ET
Size
9.8 KB
Accession
0001179755-17-000053
Insider Transaction Report
Form 4
ENDURANCE SPECIALTY HOLDINGS LTD
10% Owner
Transactions
- Other
Restricted Share Units
2017-09-27−4,028→ 0 total→ Common Shares (4,028 underlying) - Other
Common Shares
2017-09-27−412,458→ 0 total - Other
Common Shares
2017-09-27−2,500,000→ 0 total(indirect: See Footnote)
Footnotes (4)
- [F1]Pursuant to the Stock and Asset Purchase and Sale Agreement by and between Sompo International Holdings Ltd. ("SIH") and the Reporting Person, dated September 27, 2017, whereby SIH purchased substantially all the assets and liabilities of the Reporting Person, the ownership of the securities was transferred to SIH (the "Transaction").
- [F2]Owned by Endurance Specialty Insurance Ltd., formerly a wholly-owned subsidiary of the Reporting Person and now a wholly-owned subsidiary of SIH.
- [F3]Each restricted share unit represents a contingent right to receive one Issuer common share.
- [F4]In accordance with agreements between the Reporting Person and John V. Del Col and Michael J. McGuire, respectively, all remuneration, including cash fees, restricted share units,any other equity-based awards and other compensation, to which they were entitled for their service as Directors of the Issuer was assigned or paid directly to the Reporting Person. The restricted share units were transferred to SIH in the Transaction. Mr. Del Col and Mr. McGuire disclaim beneficial ownership of all such restricted share units. These awards will vest in three equal tranches on June 15, 2018, 2019 and 2020, subject to Messrs.Del Col and McGuire remaining actively engaged as directors of the Issuer in good standing on such dates.
Documents
Issuer
Blue Capital Reinsurance Holdings Ltd.
CIK 0001582086
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001179755
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 4:09 PM ET
- Size
- 9.8 KB