Third Point Reinsurance Ltd. 4
4 · Third Point Reinsurance Ltd. · Filed Nov 7, 2013
Insider Transaction Report
Form 4
HENNESSY MARY R
Director
Transactions
- Disposition to Issuer
Options (Right to Buy)
2013-11-06−3,390→ 5,085 totalExercise: $16.00Exp: 2022-02-16→ Common Shares (8,475 underlying) - Disposition to Issuer
Options (Right to Buy)
2013-11-06−10,170→ 15,254 totalExercise: $10.00Exp: 2022-02-16→ Common Shares (25,424 underlying) - Award
Common Shares
2013-11-06+6,349→ 6,349 total - Disposition to Issuer
Options (Right to Buy)
2013-11-06−3,390→ 5,085 totalExercise: $20.00Exp: 2022-02-16→ Common Shares (8,475 underlying)
Footnotes (2)
- [F1]Includes restricted shares.
- [F2]The options were subject to satisfaction of a service condition, with vesting of 20% of the options on each of the first five anniversaries of February 16, 2012, subject to the director's continued service through such date. 40% of the original option was cancelled, and the remaining unvested portion of the option became fully vested, by mutual agreement of the reporting person and the issuer.