4//SEC Filing
Scherer Alexandre 4
Accession 0001601669-21-000026
CIK 0001601669other
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 4:23 PM ET
Size
9.9 KB
Accession
0001601669-21-000026
Insider Transaction Report
Form 4
Scherer Alexandre
CEO (WSIC; WIC)
Transactions
- Exercise/Conversion
Common Shares, par value $0.01/share
2021-04-26+4,712→ 18,530 total - Exercise/Conversion
Restricted Share Units - 2019
2021-04-26−4,712→ 4,711 total→ Common Shares, par value $0.01/share (4,712 underlying)
Holdings
- 4,529
Restricted Share Units - 2020
→ Common Shares, par value $0.01/share (4,529 underlying) - 800
8 1/2 Cumulative Redeemable Preference Shares
Footnotes (4)
- [F1]Represents conversion of restricted share units to fully vested common shares equal to the number of restricted share units that have vested. The restricted share units have no exercise price.
- [F2]Each restricted share unit represents a contingent right to receive one common share of Watford Holdings Ltd.
- [F3]The reporting person received a restricted share unit grant subject to a three-year vesting schedule, of which 33.34% vested on the one year anniversary of April 26, 2019, 33.33% vested on the second year anniversary and 33.33% will vest on the third year anniversary. Upon vesting, the reporting person will receive a number of common shares equal to the number of restricted share units that have vested.
- [F4]The reporting person received a restricted share unit grant, 50% of which are subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary of March 1, 2020, 33.33% on the second year anniversary and 33.33% on the third year anniversary. The remaining 50% of the granted restricted share units are subject to performance metrics defined in the 2018 Stock Plan and cliff-vest on the third anniversary of March 1, 2020. Upon vesting, the reporting person will receive a number of common shares equal to the number of restricted share units that have vested.
Documents
Issuer
Watford Holdings Ltd.
CIK 0001601669
Entity typeother
Related Parties
1- filerCIK 0001767383
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 4:23 PM ET
- Size
- 9.9 KB