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SiriusPoint Ltd — Director's Dealing 2014
Aug 14, 2014
31609_dirs_2014-08-13_523f07bd-9c86-4613-b7a8-9881ff0eb143.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Third Point Reinsurance Ltd. (TPRE)
CIK: 0001576018
Period of Report: 2014-08-13
Reporting Person: Urban Anthony (EVP, Underwriting)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-13 | Common Shares | M | 60000 | $10 | Acquired | 60000 | Direct |
| 2014-08-13 | Common Shares | S | 60000 | $15.0314 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-13 | Options | $10.0 | M | 60000 | Disposed | 2021-10-28 | Common Shares (60000.0) | Direct |
Footnotes
F1: Represents a weighted average sale price: the sales prices range from $15.00 to $15.09. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer.
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 October 28, 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 all of the options