5//SEC Filing
FASS STEVE ELLIOTT 5
Accession 0001181386-04-000011
CIK 0000776867other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 9:19 AM ET
Size
13.2 KB
Accession
0001181386-04-000011
Insider Transaction Report
Form 5
FASS STEVEN ELLIOT
DirectorPres & CEO, White Mountains Re
Transactions
- Award
Common Shares
1988-08-08+37→ 3,764 total(indirect: By 401(k))
Holdings
- 2,500
Phantom Shares (Deferred Compensation)
→ Common Shares (2,500 underlying) - 9,000
Common Share Options
Exp: 2010-02-28→ Common Shares (9,000 underlying)
Footnotes (5)
- [F1]WTM Common Shares acquired by the Reporting Person under the Folksamerica 401(k) Plan since May 7, 2003, the date of Reporting Person's last filing. WTM Common Shares were purchased at fair market value on the dates of purchase. The information contained in this report is based on a plan statement dated as of December 31, 2003.
- [F2]Phantom Shares are convertible into Common Shares on a 1 for 1 basis.
- [F3]The Phantom Shares are payable, at the election of the Company, in cash or in Common Shares following termination of the Reporting Person's employment with the Company or beginning at an earlier date selected by the Reporting Person.
- [F4]On February 28, 2000, the Reporting Person was granted options to purchase WTM Common Shares on a 1 for 1 basis at an intial exercise price of $106.19. The exercise price increases by 6% annually on a cumulative basis.
- [F5]Reporting Person was originally granted 9,000 options to purchase Common Shares on February 28, 2000. 900 options become exercisable annually over a ten-year period.
Issuer
WHITE MOUNTAINS INSURANCE GROUP LTD
CIK 0000776867
Entity typeother
IncorporatedBermuda
Related Parties
1- filerCIK 0001181365
Filing Metadata
- Form type
- 5
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 9:19 AM ET
- Size
- 13.2 KB