O'Shea Paul James 4
4 · Enstar Group LTD · Filed Aug 15, 2017
Insider Transaction Report
Form 4
Enstar Group LTDESGR
O'Shea Paul James
DirectorExecutive Vice President
Transactions
- Exercise/Conversion
Ordinary Shares
2017-08-13$141.10/sh+183,333$25,868,286→ 224,337 total - Disposition to Issuer
Ordinary Shares
2017-08-13$198.00/sh−183,333$36,299,934→ 41,004 total - Exercise/Conversion
Cash-Settled Stock Appreciation Right
2017-08-13−183,333→ 0 totalExercise: $141.10From: 2017-08-13Exp: 2018-08-13→ Ordinary Shares (183,333 underlying)
Holdings
- 154,331(indirect: By Trust)
Ordinary Shares
Footnotes (3)
- [F1]Exercise of the Cash-Settled Stock Appreciation Rights (the "SARs") is reported as the simultaneous purchase and sale to the issuer of the number of ordinary shares for which the SARs were exercised. Pursuant to their terms, the SARs were only exercisable in cash and the reporting person did not receive any ordinary shares.
- [F2]Includes 9,375 RSUs that vest in three equal annual installments on May 10, 2018, 2019 and 2020.
- [F3]The SARs are settled in cash, and the reporting person will not receive issuer ordinary shares upon exercise.