SEC Form 4 · accession 0001582086-18-000018
Blue Capital Reinsurance Holdings Ltd. · BCRH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John V Delcol
Officer — Secretary · Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 18, 2018 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001582086
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2 | $0.00 | Jun 15, 2018 | A | 2,128 | A | — | — | Common Shares | 2,128 | 2,128 | D |
| Restricted Share UnitsF4,F2 | $0.00 | Jun 15, 2018 | J | 2,128 | D | — | — | Common Shares | 2,128 | 0 | D |
Explanation of responses
- F1The number of securities beneficially owned by the Reporting Person has been edited to correct a typographical error in the Reporting Person's prior Form 4 filing.
- F2This award will vest in three equal tranches on June 15, 2019, 2020 and 2021, subject to the Reporting Person remaining actively engaged as a director of the Issuer in good standing on such dates.
- F3In accordance with an agreement between Sompo International Holdings Ltd. ("SIH"), as successor in interest to Endurance Specialty Holdings Ltd., and the Reporting Person, all remuneration, including cash fees, restricted share units, any other equity-based awards and other compensation, to which the Reporting Person is or will become entitled for his service as a Director of the Company will be assigned or paid directly to SIH. The Reporting Person disclaims beneficial ownership of all such restricted share units.
- F4The Reporting Person transferred the restricted share units to SIH for no consideration.