Hiteshkumar R. Patel - Jul 1, 2021 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role
Director
Signature
/s/ Audrey B. Taranto as power of attorney
Stock symbol
ESGR
Transactions as of
Jul 1, 2021
Transactions value $
$33,400
Form type
4
Date filed
7/6/2021, 05:38 PM
Next filing
Oct 5, 2021

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 ESGR Share Unit Award $33.4K +139 +3.53% $239.80 4.08K Jul 1, 2021 Ordinary Shares 139 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Share Unit is granted pursuant to the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors (the "Plan"). Pursuant to the Plan, each Share Unit is the economic equivalent of one ordinary share. The Share Units become payable in ordinary shares (with any fractional shares paid in cash) upon the Reporting Person's termination of service as a member of the Board of Directors of Enstar Group Limited.
F2 Share Units granted as a result of the Reporting Person's election, pursuant to the Plan, to defer a portion of his quarterly cash director fees.