SEC Form 4 · accession 0001385613-16-000112
GREENLIGHT CAPITAL RE, LTD. · GLRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barton Hedges
Officer — Chief Executive Officer · Director
Period of report
Jan 2, 2016
Accepted (ET)
Jan 4, 2016 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001385613
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A ORDINARY SHARES | Jan 2, 2016 | M | 150,000 | $11.63 | A | 359,454 | D | |
| CLASS A ORDINARY SHARES | Jan 2, 2016 | F | 93,239 | $11.63 | D | 266,215 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock options (right to buy)F2 | $11.63 | Jan 2, 2016 | M | 150,000 | D | — | Jan 2, 2016 | CLASS A ORDINARY SHARES | 150,000 | 0 | D |
Explanation of responses
- F1These shares were disposed by the reporting person to the issuer in lieu of the exercise price as the reporting person opted for a cashless exercise.
- F2These share options were fully exercisable as of January 2, 2016.