Weidenborner Janice 4
4 · Third Point Reinsurance Ltd. · Filed Mar 2, 2020
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Common Shares
[F1]2020-02-26−19,115→ 103,766 total - Award
Common Shares
[F2][F3]2020-02-27+82,321→ 186,087 total
Footnotes (3)
- [F1]Reflects reduction in previously granted performance shares under the Third Point Reinsurance Ltd. 2013 Omnibus Incentive Plan upon certification of performance goal achievement
- [F2]Includes 14,968 restricted shares granted under the Third Point Reinsurance Ltd. 2013 Omnibus Incentive Plan (the "Plan") that vest in equal annual installments over three years based on continued employment and 67,353 restricted shares granted under the Plan that vest based on continued employment and the achievement of certain financial performance measures over a three-year performance period. The number of shares that may be retained upon vesting of the performance shares will vary based on the level of achievement of the performance goals. The number of performance shares reflected on this form is the number that would vest if the maximum performance level is achieved (44,902 would vest at target)."
- [F3]Includes restricted shares.
Signature
/s/ Janice Weidenborner|2020-03-02