DEUTSCH ROBERT V 4
4 · PLATINUM UNDERWRITERS HOLDINGS LTD · Filed Jul 1, 2005
Insider Transaction Report
Form 4
DEUTSCH ROBERT V
Director
Transactions
- Award
Share Units
2005-07-01+324→ 324 total→ Common Shares (324 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]The share units were credited under the Plan and will be paid in cash, Common Shares of the Company or a combination thereof at the discretion of the Board of Directors of the Company based on the Fair Market Value (as defined in the Plan)of the Common Shares on the first business day following the earlier of (i) the date that is five years following the end of the calendar year that includes the calendar quarter in respect of which the share units are awarded (which is the quarter precediong the transaction date), and (ii) the date the reporting person ceases to be a member of the Board of Directors of the Company.
- [F3]Not applicable