4//SEC Filing
Kirk Matthew 4
Accession 0001363829-23-000035
CIK 0001363829other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:27 PM ET
Size
7.6 KB
Accession
0001363829-23-000035
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Kirk Matthew
Chief Financial Officer
Transactions
- Tax Payment
Ordinary Shares
2023-03-01$240.22/sh−241$57,893→ 7,281 total - Award
Ordinary Shares
2023-03-01+621→ 7,522 total
Footnotes (3)
- [F1]Ordinary shares were acquired upon the certification by the Compensation Committee of the Enstar Group Limited Board of Directors of the achievement of the performance objective under performance share units ("PSUs") granted on April 15, 2020. The PSUs were scheduled to vest only if and to the extent that certain performance objectives (3-year growth in fully diluted book value per share ("BVPS") and operating return on equity ("ROE") met or exceeded specified targets. The performance objectives relating to ROE were achieved at maximum. The performance objectives relating to BVPS did not meet threshold, and no PSUs vested in respect of that portion of the award.
- [F2]Includes 150 restricted share units ("RSUs") that vest on March 20, 2023; 434 RSUs that vest in three approximately equal annual installments beginning on March 20, 2023; 173 RSUs that vest in two approximately equal annual installments beginning on March 30, 2023; 2,002 RSUs that vest on March 30, 2024; and 3,833 RSUs that vest on March 20, 2025.
- [F3]The Form 3 filed by the reporting person on May 16, 2022 inadvertently understated the number of ordinary shares owned by 2 shares on account of an administrative error and not any error of the reporting person.
Documents
Issuer
Enstar Group LTD
CIK 0001363829
Entity typeother
Related Parties
1- filerCIK 0001928980
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:27 PM ET
- Size
- 7.6 KB