Paul Michael James Brockman - Mar 1, 2022 Form 4 Insider Report for Enstar Group LTD (ESGR)

Signature
Audrey B. Taranto (By Power of Attorney)
Stock symbol
ESGR
Transactions as of
Mar 1, 2022
Transactions value $
-$191,349
Form type
4
Date filed
3/3/2022, 03:22 PM
Previous filing
Nov 19, 2021
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESGR Ordinary Shares Award $0 +2.8K +17.46% $0.00 18.8K Mar 1, 2022 Direct F1, F2
transaction ESGR Ordinary Shares Tax liability -$191K -689 -3.66% $277.72 18.2K Mar 1, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ordinary shares were acquired upon the certification by the Compensation Committee of the Enstar Group Limited Board of Directors of the achievement of the performance objective under performance share units ("PSUs") granted on March 6, 2019. The PSUs were scheduled to vest only if and to the extent that certain performance objectives (3-year growth in fully diluted book value per share and operating return on equity) met or exceeded specified targets. The performance objectives were achieved at maximum.
F2 Includes 1,468 RSUs that vest in two equal annual installments beginning on March 20, 2022; 624 RSUs that vest in three equal annual installments beginning on March 30, 2022; and 8,340 RSUs that vest on July 1, 2024.