Sanjay Madhu - Sep 29, 2023 Form 4 Insider Report for OXBRIDGE RE HOLDINGS Ltd (OXBR)

Role
CEO, President, Director
Signature
/s/ Sanjay Madhu
Stock symbol
OXBR
Transactions as of
Sep 29, 2023
Transactions value $
$0
Form type
4
Date filed
4/16/2024, 05:54 PM
Previous filing
Jun 13, 2023
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OXBR Ordinary Shares Award $0 +40K +30.77% $0.00 170K Mar 25, 2024 Direct F1
holding OXBR Ordinary Shares 125K Sep 29, 2023 See Footnote F2

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
holding OXBR Share Options (right to buy) 175K Sep 29, 2023 Ordinary Shares 175K $6.00 Direct F3
holding OXBR Share Options (right to buy) 200K Sep 29, 2023 Ordinary Shares 200K $2.00 Direct F3
holding OXBR Share Options (right to buy) 25K Sep 29, 2023 Ordinary Shares 25K $6.06 Direct F3
holding OXBR Share Options (right to buy) 25K Sep 29, 2023 Ordinary Shares 25K $6.00 Direct F3
holding OXBR Share Options (right to buy) 120K Sep 29, 2023 Ordinary Shares 120K $6.00 Direct F3
holding OXBR Warrants to Purchase Ordinary Shares 105K Sep 29, 2023 Ordinary Shares 105K $7.50 See Footnote F2, F4
holding OXBR Warrants to Purchase Ordinary Shares 98.8K Sep 29, 2023 Ordinary Shares 98.8K $7.50 See Footnote F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted ordinary shares under the Issuer's 2021 Omnibus Incentive Plan.
F2 Shares indirectly held in the name of Universal Finance and Investments, L.C., which is 100% owned by the Reporting Person.
F3 These share options vest in increments of 6.25% each on a quarterly basis, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year, over a four-year period.
F4 Currently exercisable.