GBLI director granted 4,212 Class A shares
McGeehan Thomas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McGeehan Thomas reported acquisition or exercise transactions in this Form 4 filing.
Global Indemnity Group, LLC director Thomas McGeehan received equity compensation in the form of common shares. He was granted 4,212 vested Class A Common Shares at $28.19 per share in recognition of his services as a board member. Following this grant, he directly holds 83,063 Class A Common Shares. He was also awarded Class A-2 Common Shares that vest only upon a defined Change of Control, and he directly holds 20,000 Class A-2 Common Shares after these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Shares | 4,212 | $28.19 | $119K |
| holding | Class A-2 Common Shares | -- | -- | -- |
Footnotes (2)
- F1. Represents a grant of 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
Form 4 regulatory
FAQ
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What did GBLI director Thomas McGeehan acquire in this Form 4 filing?
Is the GBLI Form 4 transaction an open-market purchase or a compensation grant?
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