GREENLIGHT CAPITAL RE, LTD. 4
4 · GREENLIGHT CAPITAL RE, LTD. · Filed Jul 6, 2017
Insider Transaction Report
Form 4
Goldberg Leonard R
DirectorChief Executive Officer
Transactions
- Sale
CLASS A ORDINARY SHARES
2017-07-05$21.19/sh−1,078$22,843→ 157,521 total - Exercise/Conversion
Stock Option (right to buy)
2017-07-05−12,500→ 25,000 totalExercise: $19.60From: 2010-08-15Exp: 2017-08-15→ CLASS A ORDINARY SHARES (12,500 underlying) - Exercise/Conversion
CLASS A ORDINARY SHARES
2017-07-05$19.60/sh+12,500$245,000→ 170,021 total - Tax Payment
CLASS A ORDINARY SHARES
2017-07-05$19.60/sh−11,422$223,871→ 158,599 total
Holdings
- 22,870(indirect: See footnote)
CLASS A ORDINARY SHARES
- 12,000(indirect: See footnote)
CLASS A ORDINARY SHARES
Footnotes (5)
- [F1]These shares were disposed by the reporting person to the issuer in lieu of the exercise price as the reporting person opted for a cashless exercise.
- [F2]These shares were sold pursuant to a trading plan adopted by the Reporting Person on August 17, 2015, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F3]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple trades at prices ranging from $21.05 to $21.25, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or any security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]These shares are held for the account of a trust for which the Reporting Person retains beneficial ownership.
- [F5]These shares are held for the account of a trust for the behalf of the Reporting Person's immediate family members. The Reporting Person's spouse is trustee of the trust.