Filing Details
- Accession Number:
- 0001628280-15-006560
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-08-12 18:09:02
- Reporting Period:
- 2015-08-10
- Filing Date:
- 2015-08-12
- Accepted Time:
- 2015-08-12 18:09:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1576018 | Third Point Reinsurance Ltd. | TPRE | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1584244 | Anthony Urban | The Waterfront, Chesney House 96 Pitts Bay Road Pembroke D0 HM 08 | Cuo, Third Point Re Usa Ltd. | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Acquisiton | 2015-08-10 | 19,200 | $10.00 | 87,411 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2015-08-10 | 19,200 | $14.18 | 68,211 | No | 4 | S | Direct | |
| Common Shares | Acquisiton | 2015-08-11 | 147,358 | $10.00 | 215,569 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2015-08-11 | 147,358 | $14.12 | 68,211 | No | 4 | D | Direct | |
| Common Shares | Acquisiton | 2015-08-12 | 11,000 | $10.00 | 79,211 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2015-08-12 | 11,000 | $13.96 | 68,211 | No | 4 | D | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Options | Disposition | 2015-08-10 | 19,200 | $10.00 | 19,200 | $10.00 |
| Common Shares | Options | Disposition | 2015-08-11 | 147,358 | $10.00 | 147,358 | $10.00 |
| Common Shares | Options | Disposition | 2015-08-12 | 11,000 | $10.00 | 11,000 | $10.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 548,707 | 2021-10-28 | No | 4 | M | Direct | |
| 401,349 | 2021-10-28 | No | 4 | M | Direct | |
| 390,349 | 2021-10-28 | No | 4 | M | Direct |
Footnotes
- Includes restricted shares
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.21 to $14.30 , inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.18, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.95 to $14.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The options are subject to satisfaction of both (i) a service condition and (ii) a performance condition. The service condition will be met as to 20% of the options on each of the first five anniversaries of October 28, 2011, subject to the officer's continued service through such date. Once the service condition has been met, the performance condition will be deemed met with respect to a pro-rata portion of the service-vested options determined based on the Company's proportionate achievement of its fund raising target of $1,000,000,000. As of the date of this filing, the performance condition has been satisfied with respect to all of the options
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