Steven H. Nigro - Jun 1, 2024 Form 4 Insider Report for Maiden Holdings, Ltd. (MHLD)

Role
Director, Lead Independent Director
Signature
/s/ Steven H. Nigro
Stock symbol
MHLD
Transactions as of
Jun 1, 2024
Transactions value $
$74,999
Form type
4
Date filed
6/4/2024, 04:08 PM
Previous filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MHLD Restricted Common Shares Award $75K +35.2K $2.13 35.2K Jun 1, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The restricted shares were issued on June 1, 2024 pursuant to the 2019 Omnibus Incentive Plan and will vest in full on June 1, 2025.

Remarks:

Lead Independent Director