Scott Egan - 21 Sep 2022 Form 4 Insider Report for SiriusPoint Ltd (SPNT)

Signature
/s/ Sumair Sangha, Attorney-in-Fact for Scott Egan
Issuer symbol
SPNT
Transactions as of
21 Sep 2022
Transactions value $
$0
Form type
4
Filing time
22 Sep 2022, 16:00:56 UTC
Next filing
01 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPNT Common Shares Award $0 +400K $0.00 400K 21 Sep 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPNT Options (Right to Buy) Award $0 +300K $0.00 300K 21 Sep 2022 Common Shares 300K $6.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a one-time grant of restricted share units ("RSUs"). The RSUs will cliff vest on September 21, 2023, subject to Mr. Egan's continued services to the Issuer through the vesting date.
F2 These options are fully vested and are exercisable only if and when the Company's stock price exceeds $6.00.
F3 These options will expire seven years from the date of grant.