SEC Form 4 · accession 0001668244-16-000006
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
Apr 4, 2016
Accepted (ET)
Apr 26, 2016 · 5:07 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 | Apr 4, 2016 | G | 2,035 | $0.00 | D | 14,778 | I | By Grantor Retained Annuity Trust |
| Common SharesF2,F1,F3 | Apr 26, 2016 | A | 5,000 | — | A | 26,352 | D | |
| Common Shares (restricted) | holding | — | — | — | 5,000 | D | ||
| Common Shares | holding | — | — | — | 6,106 | I | By IRA | |
| Common SharesF4 | holding | — | — | — | 706 | 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 OptionsF5 | $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 (GRAT) to direct ownership of 5,162 Common Shares since the Reporting Person's last filed report.
- F2Common Shares issued by the Company to the Reporting Person in settlement of performance share award.
- F3Includes shares held in accounts jointly owned by the Reporting Person and his spouse.
- F4Since the date of the Reporting Person's last filing, he acquired 9 Common Shares under the company 401(k) plan. Under the plan, 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 13, 2016.
- F5All of the options are fully vested and exerciseable.