SEC Form 4 · accession 0001327330-15-000037
WHITE MOUNTAINS INSURANCE GROUP LTD · WTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond Joseph Rene Barrette
Officer — Chief Executive Officer · Director · Other
Period of report
Feb 23, 2015
Accepted (ET)
Nov 5, 2015 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000776867
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Aug 14, 2015 | G | 1,816 | $0.00 | D | 13,760 | I | By Grantor Retained Annuity Trust |
| Common SharesF2,F3,F1,F4 | Feb 23, 2015 | G | 2,100 | $0.00 | D | 31,405 | D | |
| Common Shares | Nov 3, 2015 | S | 100 | $775.32 | D | 31,305 | D | |
| Common Shares | Nov 3, 2015 | S | 100 | $775.32 | D | 31,205 | D | |
| Common Shares | Nov 3, 2015 | S | 200 | $775.63 | D | 31,005 | D | |
| Common Shares | Nov 3, 2015 | S | 100 | $781.40 | D | 30,905 | D | |
| Common Shares | Nov 3, 2015 | S | 65 | $782.31 | D | 30,840 | D | |
| Common Shares | Nov 3, 2015 | S | 35 | $786.13 | D | 30,805 | D | |
| Common Shares | holding | — | — | — | 6,106 | I | By IRA | |
| Common SharesF5 | holding | — | — | — | 676 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Share OptionsF6 | $742.00 | holding | — | — | — | — | Jan 20, 2017 | Common Shares | 125,000 | 125,000 | D |
Explanation of responses
- F1Total also reflects change in form of ownership from indirect (GRATs) to direct ownership of 6,109 WTM Common Shares since the Reporting Person's last filed report.
- F2Reflects bona fide gifts made on three separate dates in February, August and October.
- F3On January 21, 2015, 5,000 restricted WTM Common Shares became unrestricted and are now reported as directly owned by the Reporting Person.
- F4Includes shares held in accounts jointly owned by the Reporting Person and his spouse.
- F5Reflects accumulation of 45 WTM Common Shares in Reporting Person's Company 401(k) account since his last filed report. WTM Common Shares are purchased at fair market value on the date of purchase. The information in this report is based on a plan statement dated as of October 31, 2015.
- F6All of the options are fully vested and exerciseable.