Hendry Willard Myron Jr 4
4 · Enstar Group LTD · Filed Apr 5, 2021
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Hendry Willard Myron Jr
Director
Transactions
- Award
Restricted Share Unit
2021-04-01+405.433→ 405.433 total→ Ordinary Shares (405.433 underlying)
Holdings
- 976.201
Share Unit
→ Ordinary Shares (976.201 underlying)
Footnotes (4)
- [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.
- [F3]Each Share Unit is granted pursuant to the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors (the "Plan"). Pursuant to the Plan, each Share Unit is the economic equivalent of one ordinary share. Share 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.
- [F4]Includes 655.652 Share Units that vested on April 1, 2021.