SEC Form 4 · accession 0001181431-15-003639
SiriusPoint Ltd · SPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R. Berger
Officer — Chairman and CEO · Director
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576018
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Feb 26, 2015 | A | 107,142 | $0.00 | A | 209,881 | D | |
| Common SharesF3 | holding | — | — | — | 500,000 | I | By LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects grant of restricted shares under the Third Point Reinsurance Ltd. 2013 Omnibus Incentive Plan that vest based on continued employment and the achievement of certain financial performance measures over a three-year performance period. The number of shares that may be retained upon vesting will vary based on the level of achievement of the performance goals. The number of shares reflected on this form is the number that would vest if the maximum performance level is achieved (71,428 would vest at target).
- F2Includes restricted shares.
- F3The shares are held by JVC52, LLC, which is a Delaware limited liability company. Mrs. Nathalie Berger, Mr. Berger's wife, controls JVC52, LLC. Mr. Berger disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therin, if any.