Seema Thaper - 01 Mar 2025 Form 4 Insider Report for Enstar Group LTD (ESGR)

Role: Chief Risk Officer
Signature: /s/ Audrey B. Taranto by power of attorney
Issuer symbol: ESGR
Transactions as of: 01 Mar 2025
Net transactions value: -$71,885
Form type: 4
Filing time: 04 Mar 2025, 17:15:31 UTC
Previous filing: 02 Apr 2024
Next filing: 24 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESGR	Ordinary Shares	Award	$0	+459	+11%	$0.000000	4,647	01 Mar 2025	Direct	F1, F2
transaction	ESGR	Ordinary Shares	Tax liability	$71,885	-216	-4.6%	$332.80	4,431	01 Mar 2025	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Ordinary shares were acquired upon the certification by the Compensation Committee of the Enstar Group Limited Board of Directors of the achievement of the performance objective under performance share units ("PSUs") granted on March 20, 2022. The PSUs were scheduled to vest only if and to the extent that certain performance objectives (3-year growth in fully diluted book value per share ("BVPS") and 3-year average annual operating return on equity ("ROE")) met or exceeded specified targets. The performance objectives relating to ROE were achieved above threshold and below target. The performance objectives relating to BVPS did not meet threshold, and no PSUs vested in respect of that portion of the award.
F2	Includes 143 Restricted Share Units ("RSUs") that vest on March 20, 2025; 320 RSUs that vest in two equal annual installments beginning on March 20, 2025; 499 RSUs that vest in three equal annual installments beginning on March 20, 2025; and 2,244 RSUs that vest on March 20, 2026.

Content

Ordinary shares were acquired upon the certification by the Compensation Committee of the Enstar Group Limited Board of Directors of the achievement of the performance objective under performance share units ("PSUs") granted on March 20, 2022. The PSUs were scheduled to vest only if and to the extent that certain performance objectives (3-year growth in fully diluted book value per share ("BVPS") and 3-year average annual operating return on equity ("ROE")) met or exceeded specified targets. The performance objectives relating to ROE were achieved above threshold and below target. The performance objectives relating to BVPS did not meet threshold, and no PSUs vested in respect of that portion of the award.

Includes 143 Restricted Share Units ("RSUs") that vest on March 20, 2025; 320 RSUs that vest in two equal annual installments beginning on March 20, 2025; 499 RSUs that vest in three equal annual installments beginning on March 20, 2025; and 2,244 RSUs that vest on March 20, 2026.