Seema Thaper - 20 Mar 2023 Form 4 Insider Report for Enstar Group LTD (ESGR)

Signature
/s/ Audrey B. Taranto by power of attorney
Issuer symbol
ESGR
Transactions as of
20 Mar 2023
Net transactions value
-$33,420
Form type
4
Filing time
22 Mar 2023, 16:54:41 UTC
Previous filing
03 Mar 2023
Next filing
03 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESGR Ordinary Shares Award $0 +480 +38% $0.000000 1,738 20 Mar 2023 Direct F1, F2
transaction ESGR Ordinary Shares Award $0 +2,244 +129% $0.000000 3,982 20 Mar 2023 Direct F3, F4
transaction ESGR Ordinary Shares Tax liability $33,420 -150 -3.8% $222.80 3,832 20 Mar 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant pursuant to the Enstar Group Limited Amended and Restated 2016 Equity Incentive Plan (the "Equity Incentive Plan") of Restricted Share Units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date. The RSUs are payable in ordinary shares upon vesting and each RSU is the economic equivalent of one ordinary share.
F2 Includes 212 RSUs that vest in two approximately equal annual installments beginning on March 30, 2023; 286 RSUs that vest in two equal annual installments beginning on March 20, 2024; and 480 RSUs that vest in three equal annual installments beginning on March 20, 2024.
F3 Represents a grant pursuant to the Equity Incentive Plan of RSUs that vest in their entirety on March 20, 2026. The RSUs are payable in ordinary shares upon vesting and each RSU is the economic equivalent of one ordinary share.
F4 Includes 212 RSUs that vest in two approximately equal annual installments beginning on March 30, 2023; 286 RSUs that vest in two equal annual installments beginning on March 20, 2024; 480 RSUs that vest in three equal annual installments beginning on March 20, 2024; and 2,244 RSUs that vest on March 20, 2026.