0001209191-11-028794.txt : 20110516 0001209191-11-028794.hdr.sgml : 20110516 20110516215930 ACCESSION NUMBER: 0001209191-11-028794 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110512 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Flagstone Reinsurance Holdings, S.A. CENTRAL INDEX KEY: 0001347815 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 980481623 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 37, VAL ST. ANDRE CITY: LUXEMBOURG STATE: N4 ZIP: L-1128 BUSINESS PHONE: 352 273 515 30 MAIL ADDRESS: STREET 1: 37, VAL ST. ANDRE CITY: LUXEMBOURG STATE: N4 ZIP: L-1128 FORMER COMPANY: FORMER CONFORMED NAME: Flagstone Reinsurance Holdings Ltd DATE OF NAME CHANGE: 20051222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: THORN WRAY T CENTRAL INDEX KEY: 0001183805 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33364 FILM NUMBER: 11849684 MAIL ADDRESS: STREET 1: 63 WEST 17TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 4 1 c17475_4x0.xml MAIN DOCUMENT DESCRIPTION X0303 4 2011-05-12 0001347815 Flagstone Reinsurance Holdings, S.A. FSR 0001183805 THORN WRAY T C/O FLAGSTONE REINSURANCE HOLDINGS SA 37, VAL ST. ANDRE L-1128 LUXEMBOURG N4 LUXEMBOURG 1 0 0 0 Restricted Share Units 0 2011-05-12 4 A 0 6825 0 A 2011-05-12 Common Shares 6825 6825 D Restricted Share Units 0 Common Shares 34426 34426 I By Marathon Special Opportunity Master Fund, Ltd. Each Restricted Share Unit ("RSU") represents the right to receive, without payment to the Company, one newly issued, fully paid and non-assessable common share of the Company, subject to the terms and conditions of the RSU Plan and grant certificate evidencing each grant. In the discretion of the Compensation Committee, upon exercise, the RSU grant may alternatively be paid in cash or partly in cash and partly in common shares. The RSUs vest 100% on the date of the grant. The RSUs have no expiry date. The reporting person is an employee of Marathon Asset Management, LP (the "Investment Manager"), which serves as the investment manager of Marathon Special Opportunity Master Fund, Ltd. and Marathon Special Opportunity Liquidating Fund, Ltd. (together, the "Funds"). Securities of the Company that are held by the Funds are subject to the sole voting and investment authority of the Investment Manager, and the reporting person disclaims beneficial ownership of any securities of the Company held by the Funds except to the extent of his pecuniary interest, if any, therein. /s/ Thorn Wray 2011-05-16