SEC Form 4 · accession 0001209191-18-020176
Global Indemnity Group, LLC · GBLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew B Scott
Officer — Chief Marketing Officer · Other
Period of report
Mar 4, 2018
Accepted (ET)
Mar 16, 2018 · 4:23 pm 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 4, 2018 | A | 2,855 | $42.02 | A | 23,346 | 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 ratably over three years on January 1, 2019, January 1, 2020, and January 1, 2021. 50% of the shares vest after a re-measurement of the 2017 combined ratio, three years after the grant. The shares vest if the re-measured combined ratio is not greater than the original 2017 combined ratio.