SEC Form 4 · accession 0001327330-16-000052
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 25, 2016
Accepted (ET)
Feb 29, 2016 · 4:28 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 (restricted)F1 | Feb 25, 2016 | A | 5,000 | $0.00 | A | 5,000 | D | |
| Common SharesF2 | holding | — | — | — | 16,190 | D | ||
| Common Shares | holding | — | — | — | 21,975 | I | By Grantor Retained Annuity Trust | |
| Common Shares | holding | — | — | — | 6,106 | I | By IRA | |
| Common SharesF3 | holding | — | — | — | 697 | 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 OptionsF4 | $742.00 | holding | — | — | — | — | Jan 20, 2017 | Common Shares | 125,000 | 125,000 | D |
Explanation of responses
- F1On February 25, 2016, the Reporting Person received a restricted share award of 5,000 Common Shares, which vests on January 1, 2019.
- F2Includes shares held in accounts jointly owned by the Reporting Person and his spouse.
- F3Since the date of Reporting Person's last filing, he acquired 21 shares of WTM Common Shares under the company 401(k) plan. 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 February 25, 2016.
- F4All of the options are fully vested and exerciseable.