Brockman Paul Michael James 4
4 · Enstar Group LTD · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Brockman Paul Michael James
COO & CCO
Transactions
- Award
Ordinary Shares
2023-03-01+3,854→ 22,582 total - Tax Payment
Ordinary Shares
2023-03-01$240.22/sh−942$226,287→ 21,640 total
Footnotes (2)
- [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 March 20, 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 734 RSUs that vest on March 20, 2023; 805 RSUs that vest in three approximately equal annual installments beginning on March 20, 2023; 416 RSUs that vest in two equal annual installments beginning on March 30, 2023; and 8,340 RSUs that vest on July 1, 2024.