Hendry Willard Myron Jr 4
4 · Enstar Group LTD · Filed Jul 2, 2019
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Hendry Willard Myron Jr
Director
Transactions
- Award
Restricted Share Unit
2019-07-01+320.549→ 320.549 total→ Ordinary Shares (320.549 underlying)
Footnotes (2)
- [F1]Each Restricted Share Unit is granted pursuant to the Plan and is the economic equivalent of one ordinary share. The Restricted Share Units vest one year from the grant date. Vested units become payable in ordinary shares (with any fractional shares paid in cash) upon the Reporting Person's termination of service as a member of the Board of Directors of Enstar Group Limited.
- [F2]Restricted Share Units granted as a result of the Reporting Person's election, pursuant to the Plan, to defer the annual director retainer that would otherwise have been paid in restricted ordinary shares.