SEC Form 4 · accession 0001668244-17-000006
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
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 8:13 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 | Jan 3, 2017 | M | 3,000 | $742.00 | A | 42,882 | D | |
| Common SharesF1 | Jan 3, 2017 | F | 2,620 | $849.60 | D | 40,262 | D | |
| Common SharesF1 | Jan 4, 2017 | M | 3,000 | $742.00 | A | 43,262 | D | |
| Common SharesF1 | Jan 4, 2017 | F | 2,607 | $853.58 | D | 40,655 | D | |
| Common SharesF1 | Jan 5, 2017 | M | 3,000 | $742.00 | A | 43,655 | D | |
| Common SharesF1 | Jan 5, 2017 | F | 2,625 | $847.82 | D | 41,030 | D | |
| Common SharesF2 | holding | — | — | — | 6,999 | I | by Grantor Retained Annuity Trust | |
| Common Shares (restricted) | holding | — | — | — | 5,000 | D | ||
| Common Shares | holding | — | — | — | 6,106 | I | By IRA | |
| Common SharesF3 | holding | — | — | — | 719 | 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 (right to buy)F4 | $742.00 | Jan 3, 2017 | M | 3,000 | D | — | Jan 20, 2017 | Common Shares | 3,000 | 37,000 | D |
| Common Share Options (right to buy)F4 | $742.00 | Jan 4, 2017 | M | 3,000 | D | — | Jan 20, 2017 | Common Shares | 3,000 | 34,000 | D |
| Common Share Options (right to buy)F4 | $742.00 | Jan 5, 2017 | M | 3,000 | D | — | Jan 20, 2017 | Common Shares | 3,000 | 31,000 | D |
Explanation of responses
- F1Includes shares held in accounts jointly owned by the Reporting Person and his spouse.
- F2Since the date of the Reporting Person's last filing, 1,000 WTM Common Shares were reclassified from indirect to direct holdings.
- F3Since the date of the Reporting Person's last filing, he acquired 2 WTM Common Shares under the company 401(k) plan. The WTM Common Shares were purchased at fair market value on the date of purchase. The information in this report is based on a plan report dated as of January 4, 2017.
- F4All of the options are fully vested and exercisable.