CMIG International Holding Pte. Ltd. - 27 Feb 2025 Form 4 Insider Report for SiriusPoint Ltd (SPNT)

Role
10%+ Owner
Signature
/s/ Saw Meng Tee, Director
Issuer symbol
SPNT
Transactions as of
27 Feb 2025
Net transactions value
-$726,249,591
Form type
4
Filing time
03 Mar 2025, 17:25:42 UTC
Previous filing
09 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPNT Common Shares Other $651,520,431 -45,720,732 -100% $14.25 0 27 Feb 2025 By CM Bermuda Ltd. F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPNT Warrants for Common Shares Other $74,729,160 -20,991,337 -100% $3.56 0 27 Feb 2025 Common Shares 20,991,337 $11.00 By CM Bermuda Ltd. F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

CMIG International Holding Pte. Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to a Securities Purchase Agreement between CM Bermuda and the issuer dated December 30, 2024, the issuer repurchased all of the reporting persons Common Shares.
F2 The amount shown reflects a correction of the 9,077,075 shares of Common Shares reported as sold on the reporting person's Form 4 filed on December 9, 2024 which was understated by 630 shares due to a typographical error. The amount should have been reported as 9,077,705 Common Shares. The amount shown is the corrected resulting balance following the sale reported on December 9, 2024.
F3 CMIG International Holding Pte. Ltd., a Singapore incorporated company, is the parent Company of CM Bermuda Limited, a Bermuda exempted company limited by shares, which is the entity that holds the Common Shares.
F4 Pursuant to a Securities Purchase Agreement between CM Bermuda and the issuer dated December 30, 2024, the issuer repurchased all of the reporting persons Warrants for Common Shares.