Fuller Neal Andrew 4
4 · SeaBright Holdings, Inc. · Filed Feb 11, 2013
Insider Transaction Report
Form 4
Fuller Neal Andrew
Sr. VP, CFO and Assist. Secy.
Transactions
- Disposition to Issuer
Common Stock
2013-02-07$11.11/sh−76,076$845,204→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of August 27, 2012 (the "Merger Agreement"), among the issuer, Enstar Group Limited and AML Acquisition, Corp., pursuant to which AML Acquisition, Corp. merged with and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly-owned subsidiary of Enstar, effective February 7, 2013.
- [F2]This amount includes 75,076 shares of time vesting restricted stock that were granted under the issuer's Amended and Restated 2005 Long-Term Equity Incentive Plan. Pursuant to the Merger Agreement, all restrictions applicable to restricted stock expired immediately prior to the effective time of the Merger and the reporting person became entitled to receive the $11.11 per share merger consideration with respect to each such share.