Paul Michael James Brockman - 01 Mar 2022 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role: Chief Claims Officer
Signature: Audrey B. Taranto (By Power of Attorney)
Issuer symbol: ESGR
Transactions as of: 01 Mar 2022
Net transactions value: -$191,349
Form type: 4
Filing time: 03 Mar 2022, 15:22:15 UTC
Previous filing: 19 Nov 2021
Next filing: 22 Mar 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	Award	$0	+2,801	+17%	$0.000000	18,842	01 Mar 2022	Direct	F1, F2
transaction	ESGR	Ordinary Shares	Tax liability	$191,349	-689	-3.7%	$277.72	18,153	01 Mar 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.

Content

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.

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.