SEC Form 4 · accession 0001582086-18-000023
Blue Capital Reinsurance Holdings Ltd. · BCRH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J McGuire
Officer — Chief Executive Officer · Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 18, 2018 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001582086
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1 | $0.00 | Jun 15, 2018 | A | 2,128 | A | — | — | Common Shares | 2,128 | 2,128 | D |
| Restricted Share UnitsF3,F1 | $0.00 | Jun 15, 2018 | J | 2,128 | D | — | — | Common Shares | 2,128 | 0 | D |
Explanation of responses
- F1This 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.
- F2In 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.
- F3The Reporting Person transferred the restricted share units to SIH for no consideration.