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
- Each restricted share unit represents a contingent right to receive one common share of Watford Holdings Ltd.
- 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.
- 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.