SEC Form 4 · accession 0001363829-17-000071
Enstar Group LTD · ESGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dominic Francis Michael Silvester
Officer — Chief Executive Officer · Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 4:08 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 | 15,000 | $0.00 | A | 50,339 | D | |
| Ordinary SharesF3 | holding | — | — | — | 455,393 | I | By Rock Pigeon Limited |
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 15,000 RSUs that vest in three equal annual installments on May 10, 2018, 2019 and 2020.
- F3Rock Pigeon Limited is a Guernsey company of which Mr. Silvester and his spouse own 58.66% and 41.34%, respectively.