4//SEC Filing
Enstar Group LTD 4
Accession 0001209191-07-006851
CIK 0001363829operating
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 6:28 PM ET
Size
14.1 KB
Accession
0001209191-07-006851
Insider Transaction Report
Form 4
Enstar Group LTDESGR
FRAZER NIMROD T
Director
Transactions
- Award
Options to Purchase Ordinary Shares
2007-01-31+60,000→ 60,000 totalFrom: 2007-01-31Exp: 2013-08-18→ Ordinary Shares - Award
Options to Purchase Ordinary Shares
2007-01-31+50,000→ 50,000 totalFrom: 2007-01-31Exp: 2011-06-26→ Ordinary Shares - Award
Ordinary Shares
2007-01-31+305,001→ 305,001 total
Footnotes (4)
- [F1]Received in exchange for 305,001 shares of common stock of The Enstar Group, Inc. in connection with the merger of The Enstar Group, Inc. and a subsidiary of Enstar Group Limited, formerly known as Castlewood Holdings Limited (the "Merger"). On the effective date of the Merger, the closing price of the common stock of The Enstar Group, Inc. was $107.83 per share. On the first day of trading after the effective date of the Merger (the first date of trading in the ordinary shares of Enstar Group Limited), the closing price of Enstar Group Limited ordinary shares was $104.75 per share.
- [F2]Received in the Merger in exchange for a stock option to acquire 50,000 shares of common stock of The Enstar Group, Inc. with an exercise price of $18.00. The number of shares of Enstar Group Limited underlying such option and the corresponding exercise price will be determined pursuant to a formula based on the closing price of the ordinary shares of Enstar Group Limited for the five trading days following the closing of the Merger and will therefore change from figures reported herein.
- [F3]Received in the Merger in exchange for a stock option to acquire 50,000 shares of common stock of The Enstar Group, Inc. with an exercise price of $19.25. The number of shares of Enstar Group Limited underlying such option and the corresponding exercise price will be determined pursuant to a formula based on the closing price of the ordinary shares of Enstar Group Limited for the five trading days following the closing of the Merger and will therefore change from figures reported herein.
- [F4]Received in the Merger in exchange for a stock option to acquire 60,000 shares of common stock of The Enstar Group, Inc. with an exercise price of $40.00. The number of shares of Enstar Group Limited underlying such option and the corresponding exercise price will be determined pursuant to a formula based on the closing price of the ordinary shares of Enstar Group Limited for the five trading days following the closing of the Merger and will therefore change from figures reported herein.
Documents
Issuer
Enstar Group LTD
CIK 0001363829
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001363829
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 6:28 PM ET
- Size
- 14.1 KB