4//SEC Filing
Brockman Paul Michael James 4
Accession 0001363829-25-000134
CIK 0001363829other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:23 PM ET
Size
6.1 KB
Accession
0001363829-25-000134
Insider Transaction Report
Form 4
Enstar Group LTDESGR
Brockman Paul Michael James
COO & CCO
Transactions
- Disposition to Issuer
Ordinary Shares
2025-07-02$338.00/sh−31,709$10,717,642→ 0 total
Footnotes (2)
- [F1]On July 2, 2025, Enstar Group Limited (the "Issuer") consummated the previously announced transaction with Sixth Street Partners, LLC ("Sixth Street"), pursuant to the Agreement and Plan of Merger, dated as of July 29, 2024, by and among Elk Bidco Limited, Enstar Group Limited and the other parties thereto, whereby Sixth Street indirectly acquired the Issuer (the "Merger"). In connection with the Merger, each Ordinary Share of the Issuer was canceled and converted into the right to receive an amount in cash equal to $338, without interest and less any applicable withholding taxes (the "Merger Consideration").
- [F2]In connection with the Merger, (a) 1,038 Restricted Share Units ("RSUs") vested, and those RSUs, along with 12,828 RSUs that vested on July 1, 2025, were canceled and converted into the right to receive a cash payment equal to (i) the Merger Consideration multiplied by (ii) the number of such RSUs, and (b) 3,253 RSUs, granted on March 20, 2025, were converted into a cash award entitling the Reporting Person to receive an amount equal to (i) the Merger Consideration multiplied by (ii) the number of such unvested RSUs, which will vest in three equal annual installments beginning on March 20, 2026.
Documents
Issuer
Enstar Group LTD
CIK 0001363829
Entity typeother
Related Parties
1- filerCIK 0001709412
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:23 PM ET
- Size
- 6.1 KB