WHITE MOUNTAINS INSURANCE GROUP LTD — Director's Dealing 2016

Feb 13, 2016

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
CIK: 0000776867
Period of Report: 2015-12-31

Reporting Person: BARRETTE RAYMOND JOSEPH RENE (Director, Chief Executive Officer, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-30	Common Shares	G	500	—	Disposed	16190	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	21975	Indirect
Common Shares	6106	Indirect
Common Shares	676	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Share Options	$742.00	2017-01-20	Common Shares (125000)	125000	Direct

Footnotes

F1: Amount reflects net WTM share transfers between Reporting Person and Grantor Retained Annuity Trusts in November and December 2015 (change in form of ownership).

F2: All the options are vested and immediately exerciseable.