SEC Form 4 · accession 0001209191-15-047322
Global Indemnity Group, LLC · GBLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Hill
Officer — PRESIDENT - American Reliable
Period of report
May 27, 2015
Accepted (ET)
May 28, 2015 · 11:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494904
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Class A Ordinary Shares (right to buy)F1 | $28.37 | May 27, 2015 | A | 200,000 | A | — | Dec 31, 2024 | Class A Ordinary Shares | 200,000 | 200,000 | D |
Explanation of responses
- F1Represents a grant of options to purchase A ordinary shares subject to shareholder approval of an amendment to the share incentive plan under which the options were granted. Options vest in three installments: One-third on December 31, 2015, One-third on December 31, 2016, and One-third on December 31, 2017, subject to certain Board of Director approved performance targets.
Remarks
See attached footnotes page.