STONE POINT CAPITAL LLC - 10 May 2022 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role
Director
Signature
Stone Point Capital LLC, By: /s/ Jacqueline Giammarco, Chief Compliance Officer
Issuer symbol
ESGR
Transactions as of
10 May 2022
Net transactions value
-$19,999,825
Form type
4
Filing time
12 May 2022, 18:04:39 UTC
Previous filing
28 Oct 2021
Next filing
27 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESGR Ordinary Shares Sale $19,999,825 -89,790 -5.5% $222.74 1,546,196 10 May 2022 See Note F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of ordinary shares ("Shares") of Enstar Group Ltd. ("Enstar") sold by Trident Public Equity LP, (a) 51,450 Shares on behalf of Trident V, L.P. ("Trident V"), (b) 36,083 Shares on behalf of Trident V Parallel Fund, L.P. ("Trident V Parallel") and (c) 2,257 Shares on behalf of Trident V Professionals Fund, L.P. ("Trident V Professionals").
F2 Consists of Shares held by Trident Public Entity LP, (a) 885,977 Shares held for the benefit of Trident V, (b) 621,347 Shares held for the benefit of Trident V Parallel, and (c) 38,872 Shares held for the benefit of Trident V Professionals. Stone Point Capital LLC and certain of its subsidiaries may be deemed to beneficially own the Shares held on behalf of one or more of Trident V, Trident V Parallel, Trident V Professionals, and Trident Public Equity LP. Each of the reporting persons disclaims beneficial ownership of the Shares disclosed herein except to the extent of such person's pecuniary interest therein, if any.

Remarks:

James D. Carey, a managing director of Stone Point Capital LLC, is a member of the Board of Directors of Enstar. Mr. Carey is a member of the investment committee and owner of one of the four general partners of the general partners of each of Trident V and Trident V Parallel. Mr. Carey is a shareholder and director of Stone Point GP Ltd., which is the general partner of Trident V Professionals. On the basis of the relationships between Mr. Carey and the reporting persons, the reporting persons may be deemed directors by deputization in respect of Enstar.