Blue Capital Reinsurance Holdings Ltd. 4

4 · Blue Capital Reinsurance Holdings Ltd. · Filed Nov 12, 2015

Form 4

Period: 2015-11-10

Director

Transactions

Award
Restricted Stock Unit
2015-11-10$17.69/sh+1,400$24,766→ 1,400 total
Exercise: $0.00→ Common Shares (1,400 underlying)
Other
Restricted Stock Unit
2015-11-10−1,400→ 0 total
Exercise: $0.00→ Common Shares (1,400 underlying)

Footnotes (3)

[F1]Represents an award of restricted share units made on November 10, 2015 by the Company to Mr. McGuire. This award will vest in three equal tranches on June 15, 2016, 2017 and 2018, subject to the Director remaining actively engaged as a Director in good standing on such dates.
[F2]In accordance with an agreement between Endurance Specialty Holdings Ltd. ("ESHL") and Mr. McGuire, all remuneration, including cash fees, restricted share units, any other equity-based awards and other compensation, to which Mr. McGuire is or will become entitled for his service as a Director of the Company will be assigned or paid directly to ESHL. Mr. McGuire disclaims beneficial ownership of all such restricted share units, except to the extent of his pecuniary interest in such restricted share units by virtue of his ownership of ESHL ordinary shares.
[F3]Mr. McGuire transferred the restricted share units to Endurance Specialty Holdings Ltd. for no consideration.

Documents

1 file