BARRETTE RAYMOND JOSEPH RENE 4
4 · WHITE MOUNTAINS INSURANCE GROUP LTD · Filed Feb 20, 2009
Insider Transaction Report
Form 4
BARRETTE RAYMOND JOSEPH RENE
DirectorChief Executive OfficerOther
Transactions
- Purchase
Common Shares
2009-02-18$220.00/sh+400$87,998→ 24,295 total - Purchase
Common Shares
2009-02-18$221.80/sh+400$88,720→ 24,695 total - Purchase
Common Shares
2009-02-18$220.00/sh+200$44,000→ 24,895 total - Purchase
Common Shares
2009-02-18$222.00/sh+200$44,400→ 25,095 total
Holdings
- 36,000
Common Shares (restricted)
- 11,615(indirect: By Spouse)
Common Shares
- 100(indirect: By son)
Common Shares
- 24,000(indirect: By Trust)
Common Shares
- 4,230(indirect: By IRA)
Common Shares
- 86(indirect: By 401(k))
Common Shares
- 200,000
Common Share Options
Exercise: $650.00Exp: 2014-01-19→ Common Shares (200,000 underlying)
Footnotes (5)
- [F1]Common Shares acquired in open market transaction.
- [F2]Reflects reclassification of 7,000 Common Shares (restricted) from "direct" to "indirect" (by wife). The shares became unrestricted on January 19, 2009.
- [F3]Since October 15, 2008, the date of Reporting Person's last filing, Reporting Person acquired 16 shares of WTM Common Shares under his 401(k) Plan. WTM Common Shares are purchased at fair market value on the date of purchase. The information in this report is based on a plan statement dated as of January 31, 2009.
- [F4]On January 20, 2007, the Reporting Person was granted options to purchase 200,000 Common Shares with an initial exercise price of $650 per share. The exercise price increases on a cumulative basis at an annual rate of 5% less the annualized regular dividend rate.
- [F5]The options vest in five equal annual installments beginning January 19, 2008.