SEC Form 4/A · accession 0001140361-16-069623
OXBRIDGE RE HOLDINGS Ltd · OXBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Sanjay Madhu
Officer — CEO, President · Director
Period of report
Jun 6, 2016
Accepted (ET)
Jun 13, 2016 · 6:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001584831
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Jun 6, 2016 | P | 2,000 | $5.17 | A | 85,231 | I | See Footnote |
| Ordinary SharesF3 | holding | — | — | — | 40,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2,F4 | $7.50 | holding | — | — | — | — | May 31, 2018 | Ordinary Shares | 105,000 | 105,000 | I |
| WarrantsF2,F4 | $7.50 | holding | — | — | — | — | Mar 31, 2019 | Ordinary Shares | 98,768 | 98,768 | I |
| Share Options (right to buy)F5 | $6.00 | holding | — | — | — | — | Jan 23, 2025 | Ordinary Shares | 120,000 | 120,000 | D |
| Share Options (right to buy)F5 | $6.00 | holding | — | — | — | — | Jan 16, 2026 | Ordinary Shares | 25,000 | 25,000 | D |
Explanation of responses
- F1This amended Form 4 is being filed to restate the Form 4 filed on June 8, 2016 to include all holdings and to correct the total number of ordinary shares held by Universal Finance and Investments, L.C. following the reported transaction.
- F2Shares indirectly held in the name of Universal Finance and Investments, L.C. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of the reporting person's pecuniary interest in such securities.
- F3Includes restricted shares granted January 23, 2015 that vest in increments of 6.25% each on a quarterly basis over a four-year period, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year through to December 31, 2018.
- F4Immediately exercisable.
- F5These share options vest in increments of 6.25% each on a quarterly basis over a four-year period, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year through to December 31, 2018.