SEC Form 4 · accession 0001363829-17-000070
Enstar Group LTD · ESGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul James O'Shea
Officer — Executive Vice President · Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001363829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | May 10, 2017 | A | 9,375 | $0.00 | A | 41,004 | D | |
| Ordinary SharesF3 | holding | — | — | — | 154,331 | I | By the Elbow Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant pursuant to the Enstar Group Limited 2016 Equity Incentive Plan of Restricted Share Units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date. The RSUs are payable in ordinary shares upon vesting and each RSU is the economic equivalent of one ordinary share.
- F2Includes 9,375 RSUs that vest in three equal annual installments on May 10, 2018, 2019 and 2020.
- F3The trustee of the Elbow Trust is R&H Trust Co. (BVI) Limited. Mr. O'Shea and his immediate family are the sole beneficiaries of the Elbow Trust.