Magnarella Philip 4
4 · CRM Holdings, Ltd. · Filed May 7, 2009
Insider Transaction Report
Form 4
Magnarella Philip
Director
Transactions
- Award
Common Shares
2009-05-05+22,727→ 38,858 total
Footnotes (1)
- [F1]Shares granted to Reporting Person in the form of a restricted stock award under the 2005 Long-Term Incentive Plan, all of which shares will vest in three equal annual installments, commencing on the first anniversary of their date of grant. None of these shares is deemed outstanding under the laws of Bermuda until such shares vest.