SEC Form 4 · accession 0001385613-16-000208
GREENLIGHT CAPITAL RE, LTD. · GLRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sherry Diaz
Officer — Controller
Period of report
Nov 1, 2016
Accepted (ET)
Nov 1, 2016 · 6:14 pm EDT
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 | Nov 1, 2016 | M | 5,000 | $13.85 | A | 35,471 | D | |
| CLASS A ORDINARY SHARESF1 | Nov 1, 2016 | F | 3,480 | $19.90 | D | 31,991 | 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 | $13.85 | Nov 1, 2016 | M | 5,000 | D | — | Nov 1, 2016 | CLASS A ORDINARY SHARES | 5,000 | 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.
- F2The stock options are fully vested and exercisable at any time.