James D. Carey - Oct 1, 2024 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
Oct 1, 2024
Transactions value $
$33,750
Form type
4
Date filed
10/3/2024, 04:58 PM
Previous filing
Jul 3, 2024

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 Share Unit Award $33.8K +105 +1.1% $320.51 9.71K Oct 1, 2024 Ordinary Shares 105 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Share Unit is granted pursuant to the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors (the "Plan"). Pursuant to the Plan, each Share Unit is the economic equivalent of one ordinary share. The Share Units become payable in ordinary shares (with any fractional shares paid in cash) upon Mr. Carey's termination of service as a member of the Board of Directors of Enstar Group Limited.
F2 These Share Units granted to Mr. Carey are held by him solely for the benefit of Stone Point Capital LLC ("Stone Point"), of which Mr. Carey is Co-Chief Executive Officer. Mr. Carey and Stone Point may be deemed to share beneficial ownership of these Share Units. Mr. Carey disclaims beneficial ownership of these Share Units.
F3 Share Units granted as a result of the Reporting Person's election, pursuant to the Plan, to defer quarterly cash director fees.