4//SEC Filing
Lee Michael H 4
Accession 0001209191-13-016833
CIK 0001289592other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 2:58 PM ET
Size
13.9 KB
Accession
0001209191-13-016833
Insider Transaction Report
Form 4
Lee Michael H
DirectorChairman, President & CEO10% Owner
Transactions
- Award
Common Stock-par value @ $0.01 per share
2013-03-13+94,832→ 94,832 total(indirect: By Spouse) - Award
Employee Stock Option (right to buy)
2013-03-13+109,105→ 109,105 totalExercise: $16.48Exp: 2019-03-10→ Common Stock-par value @ $0.01 per share (109,105 underlying) - Award
Common Stock-par value @ $0.01 per share
2013-03-13+3,642,200→ 3,642,200 total - Award
Employee Stock Option (right to buy)
2013-03-13+515,927→ 515,927 totalExercise: $16.28Exp: 2016-04-01→ Common Stock-par value @ $0.01 per share (515,927 underlying) - Award
Employee Stock Option (right to buy)
2013-03-13+64,403→ 64,403 totalExercise: $23.61Exp: 2017-03-22→ Common Stock-par value @ $0.01 per share (64,403 underlying)
Footnotes (6)
- [F1]Acquisition made in connection with the conversion of securities in the merger (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of July 30, 2012, by and among Tower Group, Inc., Canopius Holdings Bermuda Limited (renamed Tower Group International, Ltd), Canopius Mergerco, Inc. and Condor I Corporation. This report is being filed by the reporting person solely to report the acquisition of securities of the Issuer made in connection with the Merger. The Reporting Person has filed a separate Form 4 to reflect the corresponding disposition of Tower Group Inc, securities made in connection with the Merger.
- [F2]Shares of common stock received in connection with the Merger in the ratio of 1.1330 shares of Tower Group International, Ltd. per share of Tower Group, Inc.
- [F3]This option vested one third each on June 1, 2007, August 1, 2008 and October 1, 2009.
- [F4]Options assumed/converted in connection with the Merger into 1.1330 ordinary shares of Tower Group International, Ltd per option to acquire one share of Tower Group, Inc. at an exercise price adjusted by the 1.1330 conversion ratio.
- [F5]This option vested one third each on May 22, 2008, July 22, 2009 and September 22, 2010.
- [F6]This option vested one third each on May 9, 2009, July 9, 2010 and September 9, 2011.
Documents
Issuer
Tower Group International, Ltd.
CIK 0001289592
Entity typeother
Related Parties
1- filerCIK 0001306353
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 2:58 PM ET
- Size
- 13.9 KB