PLATINUM UNDERWRITERS HOLDINGS LTD 4
4 · PLATINUM UNDERWRITERS HOLDINGS LTD · Filed Oct 2, 2007
Insider Transaction Report
Form 4
DEUTSCH ROBERT V
Director
Transactions
- Award
Share Units
2007-10-01+452→ 4,617 total→ Common Shares (452 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]The share units were credited under the Share Unit Plan for Nonemployee Directors (the "Plan") and will be paid in cash, Common Shares of Platinum Underwriters Holdings, Ltd. (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 preceding the transaction date), or (ii) the date that the reporting person ceases to be a member of the Board of Directors of the Company.
- [F3]Not applicable