SiriusPoint Ltd — Director's Dealing 2013

Aug 14, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Third Point Reinsurance Ltd. (TPRE)
CIK: 0001576018
Period of Report: 2013-08-14

Reporting Person: Berger John R. (Director, Chairman, CEO & CUO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	500000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$10.00	2021-12-22	Common Shares (2232558)		Direct
Options	$16.00	2021-12-22	Common Shares (744186)		Direct
Options	$20.00	2021-12-22	Common Shares (744186)		Direct

Footnotes

F1: The shares are held by JVC52, LLC, which is a Delaware limited liability company. Mrs. Nathalie Berger, Mr. Berger's wife, controls JVC52, LLC. Mr. Berger disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therin, if any.

F2: The options are subject to satisfaction of both (i) a service condition and (ii) a performance condition. The service condition will be met as to 20% of the options on each of the first five anniversaries of December 22, 2011, subject to the officer's continued service through such date. Once the service condition has been met, the performance condition will be deemed met with respect to a pro-rata portion of the service-vested options determined based on the Company's proportionate achievement of its fund raising target of $1,000,000,000. As of the date of this filing, the performance condition has been satisfied with respect to 78.4% of the options. The remaining 21.6% of the options will become eligible for vesting based on the service condition upon consummation of the issuer's initial public offering.