GREENLIGHT CAPITAL RE, LTD. 4

4 · GREENLIGHT CAPITAL RE, LTD. · Filed Nov 20, 2014

Form 4

Period: 2014-11-19

Pres. & Chf. Underwriting Off.

Transactions

Tax Payment
CLASS A ORDINARY SHARES
2014-11-19$11.63/sh−4,546$52,870→ 204,136 total
Exercise/Conversion
CLASS A ORDINARY SHARES
2014-11-20$11.63/sh+12,500$145,375→ 208,682 total
Tax Payment
CLASS A ORDINARY SHARES
2014-11-20$11.63/sh−4,598$53,475→ 204,084 total
Exercise/Conversion
Stock options (right to buy)
2014-11-20$11.63/sh−12,500$145,375→ 150,000 total
Exercise: $11.63Exp: 2016-01-02→ CLASS A ORDINARY SHARES (12,500 underlying)
Exercise/Conversion
CLASS A ORDINARY SHARES
2014-11-19$11.63/sh+12,500$145,375→ 208,682 total
Sale
CLASS A ORDINARY SHARES
2014-11-19$31.62/sh−7,954$251,482→ 196,182 total
Sale
CLASS A ORDINARY SHARES
2014-11-20$31.66/sh−7,902$250,162→ 196,182 total
Exercise/Conversion
Stock options (right to buy)
2014-11-19$11.63/sh−12,500$145,375→ 162,500 total
Exercise: $11.63Exp: 2016-01-02→ CLASS A ORDINARY SHARES (12,500 underlying)

Footnotes (5)

[F1]These shares were disposed by the reporting person to the issuer in lieu of the exercise price as the reporting person opted for a cashless exercise.
[F2]These shares were sold pursuant to a trading plan adopted by the Reporting Person on June 6, 2013, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
[F3]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple trades at prices ranging from $31.27 to $31.89, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F4]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple trades at prices ranging from $31.37 to $31.82, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F5]These share options were fully exercisable as of November 19, 2014.

Documents

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