BELL THOMAS D 4
4 · ENDURANCE SPECIALTY HOLDINGS LTD · Filed Oct 4, 2004
Insider Transaction Report
Form 4
BELL THOMAS D
Executive Vice President
Transactions
- Award
Restricted Share Unit
2004-09-30+20.2→ 3,112.23 totalExercise: $0.00Exp: 2006-03-01→ Ordinary Shares (20.2 underlying) - Award
Restricted Share Unit
2004-09-30+10.05→ 1,547.97 totalExercise: $0.00Exp: 2008-03-01→ Ordinary Shares (10.05 underlying)
Footnotes (4)
- [F1]The restricted share units are forfeitable only upon violation of a non-competition restriction and are converted into ordinary shares or their cash equivalent on March 1, 2006.
- [F2]The restricted share units were delivered in connection with the issuance by the Company of a $0.21 per share dividend on September 30, 2004 in accordance with the terms of a restricted share unit agreement dated March 3, 2003. The closing sale price for the Company's ordinary shares on September 30, 2004 was $32.15 per share.
- [F3]The restricted share units are forfeitable only upon violation of a non-competition restriction and are converted into ordinary shares or their cash equivalent on March 1, 2008.
- [F4]The restricted share units were delivered in connection with the issuance by the Company of a $0.21 per share dividend on September 30, 2004 in accordance with the terms of a restricted share unit agreement dated March 1, 2004. The closing sale price for the Company's ordinary shares on September 30, 2004 was $32.15 per share.