ENSTAR GROUP INC 4
4 · ENSTAR GROUP INC · Filed Feb 2, 2007
Insider Transaction Report
Form 4
ENSTAR GROUP INCESGR
OROS JOHN J
DirectorCOO and President
Transactions
- Disposition to Issuer
Options to Purchase Common Stock
2007-01-31−100,000→ 0 totalExercise: $40.00Exp: 2013-08-18→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2007-01-31−200,000→ 0 total(indirect: Owned through Brittany Ridge Investment Partners, LP.) - Disposition to Issuer
Options to Purchase Common Stock
2007-01-31−50,000→ 0 totalExercise: $18.00Exp: 2011-06-26→ Common Stock (50,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2007-01-31−100,000→ 0 totalExercise: $12.75Exp: 2010-02-26→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Common Stock was exchanged on a one for one basis for Ordinary Shares in Enstar Group Limited (formerly Castlewood Holdings Limited) in connection with merger of The Enstar Group, Inc. and a subsidiary of Enstar Group Limited ("the merger"). On the effective date of the merger, the closing price of The Enstar Group, Inc. common stock 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]Options to purchase Common Stock were exchanged for Options to Purchase Ordinary Shares in Enstar Group Limited (formerly Castlewood Holdings Limited) in connection with the merger. The number of shares of Enstar Group Limited underlying such options 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 merger.