SEC Form 4 · accession 0001327330-15-000038

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

Nov 16, 2015

Accepted (ET)

Nov 18, 2015 · 3:48 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 Shares^F1	Nov 16, 2015	S	60	$751.00	D	30,745	D
Common Shares	Nov 16, 2015	S	1	$752.40	D	30,744	D
Common Shares^F2	Nov 16, 2015	S	599	$753.2108	D	30,145	D
Common Shares^F3	Nov 16, 2015	S	140	$754.48	D	30,005	D
Common Shares^F4	Nov 16, 2015	S	467	$756.5825	D	29,538	D
Common Shares^F5	Nov 16, 2015	S	433	$757.4911	D	29,105	D
Common Shares^F6	Nov 16, 2015	S	300	$758.2253	D	28,805	D
Common Shares^F7	Nov 16, 2015	S	700	$770.05	D	28,105	D
Common Shares	Nov 16, 2015	S	100	$772.31	D	28,005	D
Common Shares^F8	Nov 17, 2015	S	2,887	$770.0684	D	25,118	D
Common Shares	Nov 17, 2015	S	200	$771.99	D	24,918	D
Common Shares	Nov 17, 2015	S	13	$773.29	D	24,905	D
Common Shares	holding	—	—		—	13,760	I	By Grantor Retained Annuity Trust
Common Shares	holding	—	—		—	6,106	I	By IRA
Common Shares	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 Options^F9	$742.00	holding	—	—	—	—	Jan 20, 2017	Common Shares	125,000	125,000	D

Explanation of responses

F1Includes shares held in accounts jointly owned by the Reporting Person and his spouse.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $753.03 to $753.31, inclusive. The reporting person undertakes to provide to White Mountains Ins. Group, Ltd, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2, 3, 4, 5, 6, 7 and 8 to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $754.4 to $754.68, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $756.49 to $756.66, inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $757.11 to $757.63, inclusive.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $758.15 to $758.4, inclusive.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $770.00 to $770.15, inclusive.
F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $770.00 to $770.935, inclusive.
F9All of the options are fully vested and exerciseable.