Frakes Larry A 4
4 · Global Indemnity plc · Filed Mar 17, 2011
Insider Transaction Report
Form 4
Frakes Larry A
DirectorPresident & CEO
Transactions
- Award
Class A Ordinary Shares
2011-03-15+31,250→ 142,011 total
Footnotes (1)
- [F1]Represents the grant of restricted Class A ordinary shares under the Issuer's Share Incentive Plan that generally vest upon the earlier of (a) 12 months following the occurrence of a "qualifying transaction," as defined in the grant agreement, or (b) the executive's resignation for "good reason" or termination of his employment without "cause," each as defined in the grant agreement.