Sompo International Holdings Ltd. 3
3 · Blue Capital Reinsurance Holdings Ltd. · Filed Sep 29, 2017
Insider Transaction Report
Form 3
Sompo International Holdings Ltd.
10% Owner
Holdings
- 412,458
Common Shares
Restricted Share Units
→ Common Shares (4,028 underlying)- 2,500,000(indirect: See Footnote)
Common Shares
Footnotes (4)
- [F1]Owned by Endurance Specialty Insurance Ltd., a wholly-owned subsidiary of Sompo International Holdings Ltd.
- [F2]These awards will vest in three equal tranches on June 15, 2018, 2019 and 2020, subject to Messrs. Del Col and McGuire remaining actively engaged as directors of the Issuer in good standing on such dates.
- [F3]In accordance with agreements between Endurance Specialty Holdings Ltd. ("ESHL") and John V. Del Col and Michael J. McGuire, respectively, all remuneration, including cash fees, restricted share units, any other equity-based awards and other compensation, to which they were entitled for their service as Directors of the Issuer was assigned or paid directly to ESHL. Mr. Del Col and Mr. McGuire disclaim beneficial ownership of all such restricted share units. The Reporting Person is the successor in interest to ESHL, pursuant to the Stock and Asset Purchase and Sale Agreement by and between ESHL and the Reporting Person, dated September 27, 2017.
- [F4]Each restricted share unit represents a contingent right to receive one Issuer common share.