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
Director
Transactions
- Exercise/Conversion
Ordinary Shares
[F1][F2]2017-08-13$141.10/sh+183,333$25,868,286→ 224,337 total - Disposition to Issuer
Ordinary Shares
[F1][F2]2017-08-13$198.00/sh−183,333$36,299,934→ 41,004 total - Exercise/Conversion
Cash-Settled Stock Appreciation Right
[F1][F3]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.
Signature
/s/ Audrey B. Taranto by power of attorney|2017-08-15