SEC Form 4 · accession 0001327330-16-000055
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
May 5, 2016
Accepted (ET)
May 6, 2016 · 4:10 pm EDT
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 | May 5, 2016 | M | 5,000 | $742.00 | A | 31,452 | D | |
| Common Shares | holding | — | — | — | 14,778 | I | By Grantor Retained Annuity Trust | |
| Common Shares (restricted) | holding | — | — | — | 5,000 | D | ||
| Common Shares | holding | — | — | — | 6,106 | I | By IRA | |
| Common SharesF2 | holding | — | — | — | 707 | 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 OptionsF3 | $742.00 | May 5, 2016 | M | 5,000 | D | — | Jan 20, 2017 | Common Shares | 5,000 | 120,000 | D |
Explanation of responses
- F1Includes shares held in accounts jointly owned by the Reporting Person and his spouse.
- F2Since the date of Reporting Person's last filing, he acquired 1 share 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 April 29, 2016.
- F3All of the options are fully vested and exercisable.