Filing Details

Accession Number:
0001601669-20-000065
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-06 18:00:04
Reporting Period:
2020-05-06
Accepted Time:
2020-05-06 18:00:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1601669 Watford Holdings Ltd. WTRE Fire, Marine & Casualty Insurance (6331) 981155442
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1765287 L. Robert Hawley C/O Watford Holdings Ltd. Waterloo House
1St Floor 100 Pitts Bay Road
Pembroke D0 HM 08
Chief Financial Officer 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, Par Value $0.01/Share Acquisiton 2020-05-06 3,000 $11.50 21,078 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares, Par Value $0.01/Share Restricted Share Units - 2019 $0.00 13,192 13,192 Direct
Common Shares, Par Value $0.01/Share Restricted Share Units - 2020 $0.00 9,783 9,783 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
13,192 13,192 Direct
9,783 9,783 Direct
Footnotes
  1. Each restricted share unit represents a contingent right to receive one common share of Watford Holdings Ltd.
  2. The reporting person received a restricted share unit grant subject to a three-year vesting schedule, of which 33.34% vested on the one year anniversary of April 26, 2019, 33.33% will vest on the second year anniversary and 33.33% will vest on the third year anniversary. Upon vesting, the reporting person will receive a number of common shares equal to the number of restricted share units that have vested.
  3. The reporting person received a restricted share unit grant, 50% of which are subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary of March 1, 2020, 33.33% on the second year anniversary and 33.33% on the third year anniversary. The remaining 50% of the granted restricted share units are subject to performance metrics defined in the 2018 Stock Plan and cliff-vest on the third anniversary of March 1, 2020. Upon vesting, the reporting person will receive a number of common shares equal to the number of restricted share units that have vested.