GBLI director receives 4,566 share board grant
McGeehan Thomas reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
McGeehan Thomas reported acquisition or exercise transactions in this Form 4 filing.
Global Indemnity Group, LLC director Thomas McGeehan reported equity compensation awards. He received a grant of 4,566 vested Class A Common Shares in recognition of services as a board member at a reported price of $26.01 per share, bringing his Class A holdings to 87,629 shares. He was also awarded Class A-2 Common Shares in recognition of board service, which vest upon a Change of Control as defined in the A-2 Shares Award Agreement, with reported holdings of 20,000 Class A-2 shares following the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Shares | 4,566 | $26.01 | $119K |
| Holding | Class A-2 Common Shares | -- | -- | -- |
Footnotes (2)
- F1. Represents a grant of 4,566 vested Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the issuer.
- F2. Represents a grant of Class A-2 Common Shares ("A-2 Shares") awarded in recognition of services rendered as a board member of the Issuer. The A-2 Shares vest upon a Change of Control (as defined in the A-2 Shares Award Agreement).
Key Figures
Key Terms
Change of Control financial
vested financial
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What did Global Indemnity Group (GBLI) director Thomas McGeehan report in this Form 4?
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