Orla Gregory - 08 Dec 2023 Form 4 Insider Report for Enstar Group LTD (ESGR)

Reporting relationship: President, Director
Issuer ticker: ESGR
Reported as of: 08 Dec 2023
Net transaction value: -$2,747,800
SEC form: 4
Accepted by SEC: 08 Dec 2023, 16:39:18 UTC
Prior SEC filing: 22 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Audrey B. Taranto by power of attorney

Key filing fact

Orla Gregory filed Form 4 for Enstar Group LTD (ESGR) on 08 Dec 2023.

Key facts

This page summarizes Orla Gregory's Form 4 filing for Enstar Group LTD (ESGR).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 08 Dec 2023, 16:39.

Change

Previous filing in this sequence was filed on 22 Mar 2023.
Current net transaction value: -$2,747,800.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ESGR transaction

Ordinary Shares

Options Exercise

Transaction value: $2,955,000
Shares: +20,000
Change %: +31%
Price: $147.75
Shares after: 83,496
Date: 08 Dec 2023
Ownership: Direct
Footnotes: F1, F2

ESGR transaction

Ordinary Shares

Disposed to Issuer

Transaction value: $5,702,800
Shares: -20,000
Change %: -24%
Price: $285.14
Shares after: 63,496
Date: 08 Dec 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ESGR transaction Derivative

Cash-Settled Stock Appreciation Right

Options Exercise

Transaction value: $0
Shares: -20,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Dec 2023
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 20,000
Exercise price: $147.75
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Exercise of the Cash-Settled Stock Appreciation Rights (the "SARs") is reported as the simultaneous purchase and sale to the issuer of the number of ordinary shares for which the SARs were exercised. Pursuant to their terms, the SARs were only exercisable in cash and the reporting person did not receive any ordinary shares.

Footnote F2

Includes 13,465 Restricted Share Units that vest in three approximately equal annual installments beginning on March 20, 2024.

Footnote F3

The SARs are settled in cash, and the reporting person will not receive issuer ordinary shares upon exercise.