SEC Form 4 · accession 0001209191-15-024371
Global Indemnity Group, LLC · GBLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Devlin
Officer — Chief Operating/Claims Officer · Other
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 8:32 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494904
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary SharesF1 | Mar 6, 2015 | A | 6,168 | $28.37 | A | 38,330 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted A ordinary shares that vest as follows: 50% of the shares vest pro ratably over three years on January 1, 2016, January 1, 2017 and January 1, 2018. 50% of the shares vest after a re-measurement of the 2014 GAAP accident year combined ratio, excluding corporate expenses, three years after the grant. The shares vest if the re-measured GAAP accident year combined ratio is not greater than the original 2014 GAAP accident year combined ratio.