4//SEC Filing
Richardson Laurence B. II 4
Accession 0001601669-21-000061
CIK 0001601669other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 9:07 AM ET
Size
7.9 KB
Accession
0001601669-21-000061
Insider Transaction Report
Form 4
Richardson Laurence B. II
Chief Operating Officer
Transactions
- Disposition to Issuer
Restricted Share Units - 2020
2021-07-01−6,340→ 0 total→ Common Shares, par value $0.01/share (6,340 underlying) - Disposition to Issuer
Common Shares, par value $0.01/share
2021-07-01$35.00/sh−20,731$725,585→ 0 total
Footnotes (2)
- [F1]On July 1, 2021, pursuant to the Agreement and Plan of Merger, dated October 9, 2020, among Watford Holdings Ltd. (the "Company"), Arch Capital Group Ltd. and Greysbridge Ltd. ("Merger Sub"), as amended by Amendment No. 1, dated November 2, 2020, Merger Sub merged with and into the Company, with the Company surviving as a subsidiary of Greysbridge Holdings Ltd. (the "Merger"). At the effective time of the Merger, these common shares were cancelled and converted into the right to receive $35.00 in cash per share.
- [F2]Pursuant to the Merger Agreement, (i) each performance-based restricted share unit grant held by the Reporting Person automatically vested in full on the basis of assuming the achievement in full of the applicable performance metric at the target level of performance and was canceled and converted into the right to receive and (ii) each time-based restricted share unit grant held by the Reporting Person automatically vested in full and was canceled and converted into the right to receive, in each case with respect to each common share of the Company subject to such restricted share unit, the Merger Consideration, less any applicable withholding.
Documents
Issuer
Watford Holdings Ltd.
CIK 0001601669
Entity typeother
Related Parties
1- filerCIK 0001765289
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 9:07 AM ET
- Size
- 7.9 KB