| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | SPNT | Common Shares | 30.3K | Apr 1, 2024 | Direct | F1 | |||||
| holding | SPNT | Series B Preference Shares | 730 | Apr 1, 2024 | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents 9,151 time-based restricted share units ("RSUs") that vest in 3 equal annual instalments and 12,077 RSUs that vest in 2 equal annual instalments. |
| F2 | Complete Title of Security: 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share (the "Series B Preference Shares"). Dividends on the Series B Preference Shares are cumulative and payable quarterly in arrears at a rate of 8.0%. The Series B Preference Shares have no voting rights unless dividends have not been paid for six dividend periods, whether or not consecutive, in which case the holders of the Series B Preference Shares will have the right to elect two directors of the Issuer. The Series B Preference Shares are not convertible into or exchangeable for any other securities or property of the Issuer, except at the sole discretion of the Issuer under the circumstances described in Section 8(a) of the Amended and Restated Certificate of Designation of the Series B Preference Shares (the "Certificate") upon the occurrence of a Tax Event or a Capital Disqualification Event (as such terms are defined in the Certificate). |
| F3 | The description of certain of the terms applicable to the Series B Preference Shares set forth in footnote 2 to this Form 3 does not purport to be a complete description of the Series B Preference Shares and is qualified in its entirety by reference to the Certificate, which was previously filed with the SEC as Exhibit 3.1 to the Issuer's current report on Form 8-K filed with the SEC on March 18, 2021. |
| F4 | On May 8, 2023, the Reporting Person acquired 730 Series B Preference Shares in the open market at a price of $23.39 per share. |
Exhibit 24-Power of Attorney