KEMP KARL THOMAS 4/A
4/A · WHITE MOUNTAINS INSURANCE GROUP LTD · Filed Jan 5, 2004
Insider Transaction Report
Form 4/AAmended
KEMP KARL THOMAS
Director
Transactions
- Exercise/Conversion
Common Shares
[F1]2004-01-02$460.00/sh+2,041$938,860→ 65,355 total - Disposition to Issuer
Common Shares
[F1]2004-01-02$460.00/sh−2,041$938,860→ 63,314 total - Exercise/Conversion
Phantom Shares (Deferred Compensation)
[F2][F1][F3]2004-01-02$460.00/sh−2,041$938,860→ 2,040 total→ Common Shares (2,041 underlying)
Holdings
- 18,818(indirect: By GRAT)
Common Shares
- 4,487(indirect: By IRA)
Common Shares
- 324(indirect: By 401(k))
Common Shares
- 9,014
Phantom Shares (Deferred Compensation)
[F2][F4]→ Common Shares (9,014 underlying)
Footnotes (4)
- [F1]Represents payment of deferred compensation in cash based on a predetermined Payment Schedule entered into in October 1999 by the Reporting Person
- [F2]Phantom Shares are convertible into Common Shares on a 1 for 1 basis.
- [F3]Payment of deferred compensation balances is due in cash based on a predetermined Payment Schedule entered into in October 1999 by the Reporting Person.
- [F4]The Phantom Shares are payable, at the election of the Company, in cash or Common Shares following the earlier of the Reporting Person's resignation as a Director of the Company or beginning at a date selected by the Reporting Person.
Signature
Dennis Beaulieu, by Power of Attorney|2004-01-05