SEC Form 4 · accession 0001412100-18-000039
Maiden Holdings, Ltd. · MHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Harold Nigro
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 4, 2018 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001412100
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jun 1, 2018 | M | 7,000 | $0.00 | A | 14,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F3 | — | Jun 1, 2018 | A | 7,000 | A | — | — | Common Shares | 7,000 | 7,000 | D |
Explanation of responses
- F1Acquisition of common shares resulting from the vesting of restricted share units granted pursuant to the Amended and Restated 2007 Share Incentive Plan (the "Plan") to Mr. Nigro on June 1, 2017.
- F2The restricted share units were issued on June 1, 2018 pursuant to the Plan. Each restricted share unit represents a contingent right to receive one common share of the Registrant.
- F3The restricted share units shall be settled in common shares or, at the discretion of the Compensation Committee, an amount in cash equal to the fair market value of the shares, and have a one year vesting period. Certain special terms apply in the event of death, disability or a change of control.