Scherer Alexandre 4
4 · Watford Holdings Ltd. · Filed Nov 26, 2019
Insider Transaction Report
Form 4
Scherer Alexandre
CEO (WSIC; WIC)
Transactions
- Purchase
8 1/2 Cumulative Redeemable Preference Shares
2019-11-25$25.45/sh+800$20,360→ 800 total
Holdings
- 14,135
Restricted Share Units
→ Common Shares, par value $0.01/share (14,135 underlying) - 6,500
Common Shares, par value $0.01/share
Footnotes (2)
- [F1]Each restricted share unit represents a contingent right to receive one common share of Watford Holdings Ltd.
- [F2]The reporting person received a restricted share unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary of April 26, 2019, 33.33% on the second year anniversary and 33.33% on the third year anniversary. Upon vesting, the reporting person will receive a number of shares of common shares equal to the number of restricted share units that have vested.