Blue Capital Reinsurance Holdings Ltd. 4
4 · Blue Capital Reinsurance Holdings Ltd. · Filed Jun 19, 2017
Insider Transaction Report
Form 4
McGuire Michael J
Director
Transactions
- Other
Restricted Share Units
2017-06-15−1,308→ 0 totalExercise: $0.00→ Common Shares (1,308 underlying) - Award
Restricted Share Units
2017-06-15+1,308→ 1,308 totalExercise: $0.00→ Common Shares (1,308 underlying)
Footnotes (3)
- [F1]This award will vest in three equal tranches on June 15, 2018, 2019 and 2020, subject to the Reporting Person remaining actively engaged as a director of the Issuer in good standing on such dates.
- [F2]In accordance with an agreement between Endurance Specialty Holdings Ltd. ("ESHL") and the Reporting Person, all remuneration, including cash fees, restricted share units, any other equity-based awards and other compensation, to which the Reporting Person is or will become entitled for his service as a Director of the Issuer will be assigned or paid directly to ESHL. The Reporting Person disclaims beneficial ownership of all such restricted share units.
- [F3]The Reporting Person transferred the restricted share units to Endurance Specialty Holdings Ltd. for no consideration.