4//SEC Filing
Sompo International Holdings Ltd. 4
Accession 0001582086-19-000022
CIK 0001582086other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 5:07 PM ET
Size
14.7 KB
Accession
0001582086-19-000022
Insider Transaction Report
Form 4
Sompo International Holdings Ltd.
10% Owner
Transactions
- Exercise/Conversion
Restricted Share Units
2019-06-15−2,763→ 10,908 total→ Common Shares (2,763 underlying) - Exercise/Conversion
Common Shares
2019-06-15$6.84/sh+2,763$18,899→ 417,032 total - Other
Restricted Share Units
2019-06-15+7,198→ 13,671 total→ Common Shares (7,198 underlying)
Holdings
- 2,500,000(indirect: See Footnote)
Common Shares
Footnotes (5)
- [F1]Owned by Endurance Specialty Insurance Ltd., a wholly-owned subsidiary of Sompo International Holdings Ltd.
- [F2]Each restricted share unit represents a contingent right to receive one Issuer common share.
- [F3]In accordance with agreements between Sompo International Holdings Ltd. ("SIH"), as successor in interest to Endurance Specialty Holdings Ltd., and Mr. Del Col and Mr. McGuire, respectively, all remuneration, including cash fees, restricted share units, any other equity-based awards and other compensation, to which they are or will become entitled for their service as Directors of the Issuer will be assigned or paid directly to SIH. Mr. Del Col and Mr. McGuire disclaim beneficial ownership of all such restricted share units. SIH is an indirect, wholly-owned subsidiary of Sompo Holdings, Inc. and a direct, wholly-owned subsidiary of Sompo Japan Nipponkoa Insurance, Inc.
- [F4]These awards will vest in three equal tranches on June 15, 2020, 2021 and 2022, subject to Messrs. Del Col and McGuire remaining actively engaged as directors of the Issuer in good standing on such dates.
- [F5]Mandatory conversion of previously granted restricted share units.
Documents
Issuer
Blue Capital Reinsurance Holdings Ltd.
CIK 0001582086
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001718134
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 5:07 PM ET
- Size
- 14.7 KB