James D Carey, a director of Enstar Group Limited, just received 92 restricted shares from the company. The restricted shares don't become available to Carey until such time as they become vested. Carey now owns at least 6,975 restricted shares of the company.
Some additional info was provided as follows:
Each Share Unit is granted pursuant to the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors (the "Plan"). Pursuant to the Plan, each Share Unit is the economic equivalent of one ordinary share. The Share Units become payable in ordinary shares (with any fractional shares paid in cash) upon Mr. Carey's termination of service as a member of the Board of Directors of Enstar Group Limited.
These Share Units and Res tricted Share Units granted to Mr. Carey are held by him solely for the benefit of Stone Point Capital LLC ("Stone Point"), of which Mr. Carey is a senior principal. Mr. Carey disclaims beneficial ownership of these Share Units, except to the extent of his pecuniary interest therein, if any. Stone Point may be deemed an indirect beneficial owner of these Share Units.
Share Units granted as a result of the Reporting Person's election, pursuant to the Plan, to defer quarterly cash director fees.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Enstar Group Limited makes a similar move, sign up!
Other recent filings from the company include the following:
Enstar Group Limited director just declared 0 ownership of the company. - Oct. 5, 2021
Enstar Group Limited director was just granted 225 restricted shares - Oct. 5, 2021
Enstar Group Limited director was just granted 114 restricted shares - Oct. 5, 2021
Enstar Group Limited director was just granted 92 restricted shares - Oct. 5, 2021
Enstar Group Limited director just picked up 210 shares - Oct. 5, 2021