Scott Matthew B 4
4 · Global Indemnity Ltd · Filed Mar 16, 2018
Insider Transaction Report
Form 4
Scott Matthew B
President, Penn-America Group
Transactions
- Award
Class A Ordinary Shares
2018-03-04$42.02/sh+2,855$119,967→ 23,346 total
Footnotes (1)
- [F1]Represents restricted A ordinary shares that vest as follows: 50% of the shares vest ratably over three years on January 1, 2019, January 1, 2020, and January 1, 2021. 50% of the shares vest after a re-measurement of the 2017 combined ratio, three years after the grant. The shares vest if the re-measured combined ratio is not greater than the original 2017 combined ratio.