Third Point Reinsurance Ltd. 4
4 · Third Point Reinsurance Ltd. · Filed Feb 26, 2016
Insider Transaction Report
Form 4
Berger John R.
DirectorChairman, CEO & CUO
Transactions
- Award
Common Shares
2016-02-24+131,579→ 441,460 total
Holdings
- 500,000(indirect: By LLC)
Common Shares
Footnotes (3)
- [F1]Reflects grant of restricted shares under the Third Point Reinsurance Ltd. 2013 Omnibus Incentive Plan that vest based on continued employment and the achievement of certain financial performance measures over a three-year performance period. The number of shares that may be retained upon vesting will vary based on the level of achievement of the performance goals. The number of shares reflected on this form is the number that would vest if the maximum performance level is achieved (87,720 would vest at target).
- [F2]Includes restricted shares and shares jointly held with spouse.
- [F3]The shares are held by JVC52, LLC, which is a Delaware limited liability company. Mrs. Nathalie Berger, Mr. Berger's wife, controls JVC52, LLC. Mr. Berger disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therin, if any.