Global Indemnity plc 4
4 · Global Indemnity plc · Filed Mar 7, 2016
Insider Transaction Report
Form 4
Scott Matthew B
President, Penn-America Group
Transactions
- Award
Class A Ordinary Shares
2016-03-04$29.02/sh+3,790$109,986→ 23,789 total
Footnotes (1)
- [F1]Represents restricted A ordinary shares that vest as follows: 50% of the shares vest pro ratably over three years on January 1, 2017, January 1, 2018 and January 1, 2019. 50% of the shares vest after a re-measurement of the 2015 calendar year combined ratio, excluding corporate expenses, three years after the grant. The shares vest if the re-measured calendar year combined ratio is not greater than the original 2015 calendar year combined ratio.