David Kang-Wen Ni - Dec 16, 2024 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role: Chief Strategy Officer
Signature: /s/ Nicholas Giuliano by power of attorney
Stock symbol: ESGR
Transactions as of: Dec 16, 2024
Transactions value $: -$2,889,512
Form type: 4
Date filed: 12/18/2024, 04:57 PM
Previous filing: Apr 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESGR	Ordinary Shares	Tax liability	-$2.89M	-8.92K	-45.25%	$323.90	10.8K	Dec 16, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares withheld upon the accelerated vesting of the following Restricted Share Units ("RSUs"): (i) 969 RSUs that were scheduled to vest on March 20, 2025; (ii) 15,929 RSUs that were scheduled to vest on February 4, 2026; (iii) 761 RSUs that were scheduled to vest on March 20, 2026; and (iv) 448 RSUs that were scheduled to vest on March 20, 2027. The RSUs were accelerated to vest on December 16, 2024 in order to mitigate impacts that could arise under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended. The Reporting Person has signed a letter agreement providing that such accelerated RSUs are subject to certain conditions relating to repayment in cash or shares.

Content

Reflects shares withheld upon the accelerated vesting of the following Restricted Share Units ("RSUs"): (i) 969 RSUs that were scheduled to vest on March 20, 2025; (ii) 15,929 RSUs that were scheduled to vest on February 4, 2026; (iii) 761 RSUs that were scheduled to vest on March 20, 2026; and (iv) 448 RSUs that were scheduled to vest on March 20, 2027. The RSUs were accelerated to vest on December 16, 2024 in order to mitigate impacts that could arise under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended. The Reporting Person has signed a letter agreement providing that such accelerated RSUs are subject to certain conditions relating to repayment in cash or shares.