Al Obaidat Nazar 4
4 · Enstar Group LTD · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Al Obaidat Nazar
Chief Investment Officer
Transactions
- Award
Ordinary Shares
2024-03-01+506→ 14,992 total - Tax Payment
Ordinary Shares
2024-03-01$303.51/sh−252$76,485→ 14,740 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 30, 2021. 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 3-year average annual operating return on equity ("ROE")) met or exceeded specified targets. The performance objectives relating to ROE were achieved above threshold and below target. The performance objectives relating to BVPS did not meet threshold, and no PSUs vested in respect of that portion of the award.
- [F2]Includes 445 Restricted Share Units ("RSUs") that vest in two approximately equal annual installments beginning on March 20, 2024; 808 RSUs that vest in three approximately equal annual installments beginning on March 20, 2024; 4,224 RSUs that vest on March 30, 2024; and 4,488 RSUs that vest on March 20, 2026.