4//SEC Filing
Young Brian David 4
Accession 0001463110-09-000009
CIK 0001137048other
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 2:52 PM ET
Size
9.9 KB
Accession
0001463110-09-000009
Insider Transaction Report
Form 4
Young Brian David
EVP & COO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-10-28−10,000→ 0 totalExercise: $19.65Exp: 2013-05-20→ Common Stock, par value $.01 per share (10,000 underlying) - Disposition to Issuer
Common Stock, $0.01 par value
2009-10-28$65.00/sh−193,403$12,571,195→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2009-10-28−12,500→ 10,000 totalExercise: $18.00Exp: 2012-04-02→ Common Stock, par value $.01 per share (12,500 underlying)
Footnotes (2)
- [F1]As a result of the merger of a wholly-owned subsidiary of Fairfax Financial Holdings Limited with and into Odyssey Re Holdings Corp. ("ORH"), effective October 28, 2009, all shares of ORH common stock held by the reporting person on the date of the merger were cancelled. In respect of unvested restricted ORH common stock held by the reporting person on the date of the merger, the $65 per share payable to the reporting person will be subject to the vesting conditions applicable to such restricted stock.
- [F2]Options were fully vested and cancelled in connection with the merger for a cash payment equal to the difference between $65.00 and the exercise price.
Documents
Issuer
ODYSSEY RE HOLDINGS CORP
CIK 0001137048
Entity typeother
Related Parties
1- filerCIK 0001463110
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 8:00 PM ET
- Accepted
- Oct 29, 2:52 PM ET
- Size
- 9.9 KB