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OXBRIDGE RE HOLDINGS Ltd — Director's Dealing 2016
Jun 13, 2016
35082_dirs_2016-06-13_80f5cf60-defc-4e2c-9a8d-c5a12c0162a4.zip
Director's Dealing
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SEC Form 5/A — Form 5/A
Issuer: OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK: 0001584831
Period of Report: 2015-12-11
Reporting Person: Madhu Sanjay (Director, CEO, President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-23 | Ordinary Shares | A | 40000 | — | Acquired | 40000 | Direct |
| 2015-12-11 | Ordinary Shares | J | 15235 | — | Disposed | 0 | Indirect |
| 2015-12-11 | Ordinary Shares | J | 15231 | — | Acquired | 83231 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-23 | Share Options (right to buy) | $6.00 | A | 120000 | Acquired | 2025-01-23 | Ordinary Shares (120000) | Direct |
| 2015-12-11 | Warrants | $7.5 | J | 28778 | Disposed | 2019-03-31 | Ordinary Shares (28778) | Indirect |
| 2015-12-11 | Warrants | $7.5 | J | 28768 | Acquired | 2019-03-31 | Ordinary Shares (28768) | Indirect |
| 2016-01-16 | Share Options (right to buy) | $6.00 | A | 25000 | Acquired | 2026-01-16 | Ordinary Shares (25000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants | $7.5 | 2018-05-31 | Ordinary Shares (105000) | 105000 | Indirect |
Footnotes
F1: This amended Form 4 is being filed to include transactions not yet reported and to correct the total number of ordinary shares and warrants held by Universal Finance and Investments, L.C.
F2: Restricted shares granted January 23, 2015 vest in increments of 6.25% each on a quarterly basis over a four-year period, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year through to December 31, 2018.
F3: This transaction represents a change in the form of beneficial ownership as a result of a pro rata distribution of the ordinary shares and warrants held by Moksha Capital Partners Re (M) Ltd. to its beneficial owners.
F4: Shares were held in the name of Moksha Capital Partners Re (M) Ltd.
F5: Shares indirectly held in the name of Universal Finance and Investments, L.C. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of the reporting person's pecuniary interest in such securities.
F6: These share options vest in increments of 6.25% each on a quarterly basis over a four-year period, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year through to December 31, 2018.
F7: Immediately exercisable.