Willard Myron Hendry Jr. - 03 Apr 2023 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role
Director
Signature
/s/ Audrey B. Taranto by power of attorney
Issuer symbol
ESGR
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
05 Apr 2023, 17:28:19 UTC
Previous filing
05 Apr 2022
Next filing
03 Apr 2024
SEC
View on sec.gov

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 +431 $0.000000 431 03 Apr 2023 Ordinary Shares 431 Direct F1, F2
holding ESGR Share Unit 1,763 03 Apr 2023 Ordinary Shares 1,763 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 on April 3, 2024. 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 share.
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 381.679 Share Units that vested on April 1, 2023.