Paul Michael James Brockman - Mar 20, 2023 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role
COO & CCO
Signature
Audrey B. Taranto (By Power of Attorney)
Stock symbol
ESGR
Transactions as of
Mar 20, 2023
Transactions value $
-$54,586
Form type
4
Date filed
3/22/2023, 04:54 PM
Previous filing
Mar 3, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESGR Ordinary Shares Award $0 +4.49K +20.74% $0.00 26.1K Mar 20, 2023 Direct F1, F2
transaction ESGR Ordinary Shares Other $0 +8.34K +46.89% $0.00 26.1K Mar 20, 2023 Direct F2, F3
transaction ESGR Ordinary Shares Award $0 +970 +3.71% $0.00 27.1K Mar 20, 2023 Direct F4, F5
transaction ESGR Ordinary Shares Tax liability -$54.6K -245 -0.9% $222.80 26.9K Mar 20, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant pursuant to the Enstar Group Limited Amended and Restated 2016 Equity Incentive Plan (the "Equity Incentive Plan") of Restricted Stock Units ("RSUs") scheduled to vest on July 1, 2025. The RSUs are payable in ordinary shares upon vesting and each RSU is the economic equivalent of one ordinary share.
F2 Includes 416 RSUs that vest in two equal annual installments beginning on March 30, 2023; 537 RSUs that vest in two approximately equal annual installments beginning on March 20, 2024; and 12,828 RSUs that vest on July 1, 2025.
F3 Represents the modification of an existing grant of RSUs pursuant to the Equity Incentive Plan. The original award was granted on July 1, 2021, reported on a Form 4 on July 6, 2021, and consisted of 8,340 RSUs that were scheduled to vest on July 1, 2024. The reporting person and the Company have agreed to modify the award to extend the vesting date to July 1, 2025.
F4 Represents a grant pursuant to the Equity Incentive Plan of RSUs that vest in three approximately equal annual installments beginning on the first anniversary of the grant date. The RSUs are payable in ordinary shares upon vesting and each RSU is the economic equivalent of one ordinary share.
F5 Includes 416 RSUs that vest in two equal annual installments beginning on March 30, 2023; 537 RSUs that vest in two approximately equal annual installments beginning on March 20, 2024; 970 RSUs that vest in three approximately equal annual installments beginning on March 20, 2024; and 12,828 RSUs that vest on July 1, 2025.