AI assistant
SiriusPoint Ltd — Director's Dealing 2019
Feb 28, 2019
31609_dirs_2019-02-28_6c8abae2-5ce5-4b4c-99aa-93bd77b4d2cc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Third Point Reinsurance Ltd. (TPRE)
CIK: 0001576018
Period of Report: 2019-02-26
Reporting Person: Bredahl J. Robert (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-26 | Common Shares | A | 248383 | — | Acquired | 1047774 | Direct |
| 2019-02-26 | Common Shares | D | 76905 | — | Disposed | 970869 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 200000 | Indirect |
Footnotes
F1: Includes 45,161 restricted shares granted under the Third Point Reinsurance Ltd. 2013 Omnibus Incentive Plan (the "Plan") that vest in equal annual installments over three years based on continued employment and 203,223 restricted shares granted under the Plan that vest based on continued employment and the achievement of certain financial performance measures over a three-year performance period. The number of shares that may be retained upon vesting of the performance shares will vary based on the level of achievement of the performance goals. The number of performance shares reflected on this form is the number that would vest if the maximum performance level is achieved (135,482 would vest at target).
F2: Includes restricted shares.
F3: Reflects reduction in previously granted performance shares under the Third Point Re Ltd. 2013 Omnibus Incentive Plan upon certification of performance goal achievement.
F4: The shares are held by the J. Robert Bredahl Irrevocable Insurance Trust. Mr. Bredahl's wife is the trustee of the J. Robert Bredahl Irrevocable Trust. Mr. Bredahl disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.