SEC Form 4 · accession 0001576018-19-000027
SiriusPoint Ltd · SPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel V. Malloy
Officer — CEO Third Point Re BDA
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 4:19 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, 2019 | A | 155,623 | $0.00 | A | 685,053 | D | |
| Common SharesF3 | Feb 26, 2019 | D | 57,678 | $0.00 | D | 627,375 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 28,295 restricted shares granted under the Third Point Reinsurance Ltd. 2013 Omnibus Incentive Plan (the "Plan") that vest in equal annual installments over three years based on continued employment and 127,328 restricted shares granted under the 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 of the performance shares will vary based on the level of achievement of the performance goals. The number of performance shares reflected on this form is the number that would vest if the maximum performance level is achieved (84,885 would vest at target)."
- F2Includes restricted shares.
- F3Reflects reduction in previously granted performance shares under the Third Point Re Ltd. 2013 Omnibus Incentive Plan upon certification of performance goal achievement.