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Global Indemnity Group, LLC — Director's Dealing 2011
Mar 25, 2011
33006_dirs_2011-03-25_9081d210-882f-4312-a6f4-6ab2dde37d60.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Global Indemnity plc (GBLI)
CIK: 0001494904
Period of Report: 2007-05-17
Reporting Person: Frakes Larry A (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-05-17 | Options to Purchase Class A Common Shares (right to buy) | $25.32 | A | 197473 | Acquired | 2017-05-17 | Class A Common Shares (197473) | Direct |
| 2008-02-05 | Options to Purchase Class A Common Shares (right to buy) | $25.32 | D | 197473 | Disposed | 2007-05-17 | Class A Common Shares (197473) | Direct |
| 2008-02-05 | Options to Purchase Class A Common Shares (right to buy) | $20.05 | A | 249419 | Acquired | 2018-02-05 | Class A Common Shares (249419) | Direct |
| 2009-08-14 | Options to Purchase class A Common Shares (right to buy) | $20.05 | D | 249419 | Disposed | 2018-02-05 | Class A Common Shares (249419) | Direct |
| 2009-08-14 | Options to Purchase Class A Common Shares (right to buy) | $11.90 | A | 249419 | Acquired | 2019-09-14 | Class A Common Shares (249419) | Direct |
Footnotes
F1: Options granted pursuant to Mr. Frakes employment agreement that vest in four installments: 25% on December 31, 2007, 25% on December 31, 2008, 25% on December 31, 2009, and 25% December 31, 2010
F2: Options cancelled and new options reissued to modify the aggregate amount of options and the exercise price.
F3: Options granted pursuant to Mr. Frakes employment agreement that vest in four installments: 25% on December 31, 2008, 25% on December 31, 2009, 25% on December 31, 2010, and 25% on December 31, 2011
F4: Options cancelled and reissued to modify exercise price and vesting schedule.
F5: Options granted pursuant to Mr. Frakes employment agreement that vest in four installments: 25% on September 14, 2009, 25% on December 31, 2010, 25% on December 31, 2011, and 25% on December 31, 2012. As a result of the July 2, 2010 reverse stock split, Mr. Frakes currently holds 124709 options to purchase Class A Ordinary shares with an exercise price of $23.80 per share.