Willard Myron Hendry Jr - Apr 1, 2022 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role
Director
Signature
/s/ Audrey B. Taranto by power of attorney
Stock symbol
ESGR
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
4
Date filed
4/5/2022, 07:18 PM
Next filing
Apr 5, 2023

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 Restricted Share Unit Award $0 +382 $0.00 382 Apr 1, 2022 Ordinary Shares 382 Direct F1, F2
holding ESGR Share Unit 1.38K Apr 1, 2022 Ordinary Shares 1.38K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share Unit is granted pursuant to the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors (the "Plan") and is the economic equivalent of one ordinary share. The Restricted Share Units vest one year from the grant date. Vested 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 Restricted Share Units granted as a result of the Reporting Person's election, pursuant to the Plan, to defer the annual director retainer that would otherwise have been paid in restricted ordinary shares.
F3 Each Share Unit is granted pursuant to the Plan. Pursuant to the Plan, each Share Unit is the economic equivalent of one ordinary share. 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.
F4 Includes 405.433 Share Units that vested on April 1, 2022.