Daniel S. Loeb - 27 Feb 2025 Form 4 Insider Report for SiriusPoint Ltd (SPNT)

Role
Director
Signature
DANIEL S. LOEB, /s/ Jana Tsilman, as Attorney-in-Fact for Daniel S. Loeb
Issuer symbol
SPNT
Transactions as of
27 Feb 2025
Net transactions value
-$56,301,911
Form type
4
Filing time
28 Feb 2025, 18:11:33 UTC
Previous filing
30 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPNT Common shares, par value $0.10 per share Sale $39,987,011 -2,916,631 -22% $13.71 10,618,008 27 Feb 2025 See footnote F1, F2, F3
transaction SPNT Common shares, par value $0.10 per share Sale $16,314,900 -1,190,000 -11% $13.71 9,428,008 27 Feb 2025 See footnote F1, F2, F3
holding SPNT Common shares, par value $0.10 per share 1,640,654 27 Feb 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents sale of common shares, par value $0.10 per share, of the Issuer to the underwriter in connection with a registered secondary public offering, which closed on February 27, 2025.
F2 Represents the $14.00 registered secondary public offering price per common share, par value $0.10 per share, of the Issuer, less underwriting discounts of $0.29 per share, rounded to the nearest hundredth.
F3 By reason of the provisions of Rules 13d-3 and 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Loeb may be deemed to be the beneficial owner of the securities of the Issuer reported herein as indirectly beneficially owned thereby. Mr. Loeb disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Loeb is the beneficial owner of any of such securities or has any pecuniary interest therein for purposes of Section 16 of the Exchange Act and the rules promulgated thereunder or for any other purpose.

Remarks:

Power of Attorney granted by Daniel S. Loeb in favor of Jana Tsilman and Joshua L. Targoff, dated February 9, 2024, which was previously filed with the SEC on February 13, 2024 as Exhibit 99.2 to the Schedule 13G/A filed by Third Point LLC and Daniel S. Loeb with respect to Global Blue Group Holding AG and is incorporated herein by reference.