Gregory Orla 4
4 · Enstar Group LTD · Filed Dec 8, 2023
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Gregory Orla
Chief Integration Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2023-12-08$147.75/sh+20,000$2,955,000→ 83,496 total - Disposition to Issuer
Ordinary Shares
2023-12-08$285.14/sh−20,000$5,702,800→ 63,496 total - Exercise/Conversion
Cash-Settled Stock Appreciation Right
2023-12-08−20,000→ 0 totalExercise: $147.75From: 2015-06-09Exp: 2024-06-09→ Ordinary Shares (20,000 underlying)
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 13,465 Restricted Share Units that vest in three approximately equal annual installments beginning on March 20, 2024.
- [F3]The SARs are settled in cash, and the reporting person will not receive issuer ordinary shares upon exercise.