Form 4 for GBLI Global Indemnity Group, LLC
Accepted 2022-01-04 00:00:00 ET · period of report 2021-12-31 · accession 0001209191-22-000811 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2022-01-04 | 2021-12-31 | GBLI | FOX SAUL A | Dir, 10% | A - Grant | $25.78 | +5,388 | 1.70M | +0.3% | +$138.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Shares | 2021-12-31 | A | A | 5,388 | $25.78 | 1,701,243 | I See Footnote | — | — | (F1) Represents a grant of 3,394 Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and GBLI Holdings, LLC, an indirect, wholly owned subsidiary of the Issuer and 1,994 A Common Shares granted as a tax gross-up. Vesting has been deferred to the earlier of January 1, 2024 or a change in control of the Issuer. (F2) Includes 1,015,908 A Common Shares held by Mercury Assets Delaware LLC and Common Shares owned indirectly by Mercury Assets Delaware LLC through its limited partnership interest in Fox Mercury Investments, L.P., which holds 979,050 A Common Shares. The sole member of Mercury Assets Delaware LLC is Benjerome Trust. Mr. Fox is the sole trustee of the Benjerome Trust. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein. |