SEC Form 4 · accession 0001209191-16-102881
SiriusPoint Ltd · SPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Robert Bredahl
Officer — President and COO
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 4:25 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 24, 2016 | A | 105,264 | $0.00 | A | 840,669 | D | |
| Common SharesF3 | holding | — | — | — | 200,000 | I | By trust |
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 (70,176 would vest at target).
- F2Includes restricted shares.
- F3The shares are held by the J. Robert Bredahl Irrevocable Insurance Trust. Mr. Bredahl's wife is the trustee of the J. Robert Bredahl Irrevocable Trust. Mr. Bredahl disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Remarks
Exhibit List 24.1 Power of Attorney