SEC Form 4 · accession 0001385613-16-000125
GREENLIGHT CAPITAL RE, LTD. · GLRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Michael Brooks
Director
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 10:45 am 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 | Feb 25, 2016 | M | 2,000 | $12.05 | A | 118,294 | D | |
| CLASS A ORDINARY SHARESF1 | Feb 25, 2016 | F | 1,194 | $20.18 | D | 117,100 | 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 | $12.05 | Feb 25, 2016 | M | 2,000 | D | — | Feb 28, 2016 | CLASS A ORDINARY SHARES | 2,000 | 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 February 25, 2016.