NIGRO STEVEN HAROLD 4
4 · Maiden Holdings, Ltd. · Filed Jun 4, 2018
Insider Transaction Report
Form 4
NIGRO STEVEN HAROLD
Director
Transactions
- Award
Restricted Share Units
2018-06-01+7,000→ 7,000 total→ Common Shares (7,000 underlying) - Exercise/Conversion
Common Shares
2018-06-01+7,000→ 14,000 total
Footnotes (3)
- [F1]Acquisition of common shares resulting from the vesting of restricted share units granted pursuant to the Amended and Restated 2007 Share Incentive Plan (the "Plan") to Mr. Nigro on June 1, 2017.
- [F2]The restricted share units were issued on June 1, 2018 pursuant to the Plan. Each restricted share unit represents a contingent right to receive one common share of the Registrant.
- [F3]The restricted share units shall be settled in common shares or, at the discretion of the Compensation Committee, an amount in cash equal to the fair market value of the shares, and have a one year vesting period. Certain special terms apply in the event of death, disability or a change of control.