Filing Details
- Accession Number:
- 0001385613-14-000136
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-14 16:13:15
- Reporting Period:
- 2014-11-12
- Filing Date:
- 2014-11-14
- Accepted Time:
- 2014-11-14 16:13:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1385613 | Greenlight Capital Re Ltd. | GLRE | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1400410 | Barton Hedges | 65 Market Street, Suite 1207, Camana Bay, P.o. Box 31110, George Town E9 KY11205 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Ordinary Shares | Acquisiton | 2014-11-12 | 12,500 | $11.63 | 208,682 | No | 4 | M | Direct | |
| Class A Ordinary Shares | Disposition | 2014-11-12 | 4,438 | $11.63 | 204,244 | No | 4 | F | Direct | |
| Class A Ordinary Shares | Disposition | 2014-11-12 | 8,062 | $32.38 | 196,182 | No | 4 | S | Direct | |
| Class A Ordinary Shares | Acquisiton | 2014-11-13 | 12,500 | $11.63 | 208,682 | No | 4 | M | Direct | |
| Class A Ordinary Shares | Disposition | 2014-11-13 | 4,508 | $11.63 | 204,174 | No | 4 | F | Direct | |
| Class A Ordinary Shares | Disposition | 2014-11-13 | 7,992 | $32.06 | 196,182 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Ordinary Shares | Stock options (right to buy) | Disposition | 2014-11-12 | 12,500 | $11.63 | 12,500 | $11.63 |
| Class A Ordinary Shares | Stock options (right to buy) | Disposition | 2014-11-13 | 12,500 | $11.63 | 12,500 | $11.63 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 187,500 | 2016-01-02 | No | 4 | M | Direct | |
| 175,000 | 2016-01-02 | No | 4 | M | Direct |
Footnotes
- These shares were disposed by the reporting person to the issuer in lieu of the exercise price as the reporting person opted for a cashless exercise.
- These shares were sold pursuant to a trading plan adopted by the Reporting Person on June 6, 2013, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple trades at prices ranging from $32.10 to $32.61, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple trades at prices ranging from $31.87 to $32.30, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- These share options were fully exercisable as of November 12, 2014.
Billionaire Hedge Funds
