Goldberg Leonard R 4

4 · GREENLIGHT CAPITAL RE, LTD. · Filed Aug 3, 2017

Form 4

Period: 2017-08-01

DirectorChief Executive Officer

Transactions

Exercise/Conversion
CLASS A ORDINARY SHARES
2017-08-02$19.60/sh+12,500$245,000→ 170,021 total
Tax Payment
CLASS A ORDINARY SHARES
2017-08-02$22.60/sh−10,841$245,007→ 159,180 total
Sale
CLASS A ORDINARY SHARES
2017-08-02$22.75/sh−1,659$37,746→ 157,521 total
Award
Stock Option (right to buy)
2017-08-01+19,500→ 19,500 total
Exercise: $21.40From: 2017-08-01Exp: 2027-08-01→ CLASS A ORDINARY SHARES (19,500 underlying)
Exercise/Conversion
Stock Option (right to buy)
2017-08-02−12,500→ 12,500 total
Exercise: $19.60From: 2010-08-15Exp: 2017-08-15→ CLASS A ORDINARY SHARES (12,500 underlying)

Holdings

Footnotes (6)

[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 August 17, 2015, 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 $22.625 to $22.90, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or any 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]These shares are held for the account of a trust for which the Reporting Person retains beneficial ownership.
[F5]These shares are held for the account of a trust for the behalf of the Reporting Person's immediate family members. The Reporting Person's spouse is trustee of the trust.
[F6]These stock options were granted pursuant to the consulting agreement dated Dec 16, 2016 between Greenlight Capital Re, Ltd and Greenlight Reinsurance, Ltd., and Leonard Goldberg.

Documents

1 file