JASON B. HURWITZ - 31 Dec 2021 Form 4 Insider Report for Global Indemnity Group, LLC (GBLI)

Role
Director
Signature
/s/Stephen W. Ries, Attorney-in-fact
Issuer symbol
GBLI
Transactions as of
31 Dec 2021
Net transactions value
+$62,516
Form type
4
Filing time
04 Jan 2022, 15:37:40 UTC
Previous filing
04 Oct 2021
Next filing
31 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBLI Class A Common Shares Award $62,516 +2,425 +2.3% $25.78 108,800 31 Dec 2021 Direct F1, F2
holding GBLI Class A Common Shares 4,080 31 Dec 2021 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of vested Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and GBLI Holdings, LLC, an indirect, wholly owned subsidiary of the Issuer.
F2 Includes restricted share units covering 27,778 A Common Shares of the issuer that vest ratably over two years on January 1, 2023 and January 1, 2024, subject to Mr. Hurwitz remaining a director of the issuer through the applicable vesting date. Upon vesting, Mr. Hurwitz will receive A Common Shares of the issuer. 13,889 of the previously reported 41,667 restricted share units vested on 1/1/2022.
F3 Shares held by Hurwitz Capital LLC. The sole member of Hurwitz Capital LLC is Jason B. Hurwitz.