Maamoun Rajeh - Jul 1, 2021 Form 4 Insider Report for Watford Holdings Ltd. (WTRE)

Role
Director
Signature
/s/ Jonathan Levy, as attorney-in-fact
Stock symbol
WTRE
Transactions as of
Jul 1, 2021
Transactions value $
-$2,100,000
Form type
4
Date filed
7/2/2021, 09:06 AM
Previous filing
May 20, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTRE Common Shares, par value $0.01/share Disposed to Issuer -$2.1M -60K -100% $35.00 0 Jul 1, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 1, 2021, pursuant to the Agreement and Plan of Merger, dated October 9, 2020, among Watford Holdings Ltd. (the "Company"), Arch Capital Group Ltd. and Greysbridge Ltd. ("Merger Sub"), as amended by Amendment No. 1, dated November 2, 2020, Merger Sub merged with and into the Company, with the Company surviving as a subsidiary of Greysbridge Holdings Ltd. (the "Merger"). At the effective time of the Merger, these common shares were cancelled and converted into the right to receive $35.00 in cash per share.