SiriusPoint Ltd — Director's Dealing 2020

Mar 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Third Point Reinsurance Ltd. (TPRE)
CIK: 0001576018
Period of Report: 2020-02-26

Reporting Person: Govrin David E. (Pres., Third Point Re USA Ltd)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-26	Common Shares	D	24915	—	Disposed	150907	Direct
2020-02-26	Common Shares	F	3397	$10.28	Disposed	147510	Direct
2020-02-27	Common Shares	A	99509	—	Acquired	247019	Direct

Footnotes

F1: Reflects reduction in previously granted performance shares under the Third Point Re Ltd. 2013 Omnibus Incentive Plan upon certification of performance goal achievement.

F2: Shares withheld to cover current tax liabilities in connection with the vesting of performance shares.

F3: Includes restricted shares.

F4: Includes 18,093 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 81,416 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 (54,277 would vest at target)."