0001601669-20-000066.txt : 20200506
0001601669-20-000066.hdr.sgml : 20200506
20200506180025
ACCESSION NUMBER: 0001601669-20-000066
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200506
FILED AS OF DATE: 20200506
DATE AS OF CHANGE: 20200506
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Scherer Alexandre
CENTRAL INDEX KEY: 0001767383
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38788
FILM NUMBER: 20853875
MAIL ADDRESS:
STREET 1: C/O WATFORD HOLDINGS LTD.,WATERLOO HOUSE
STREET 2: 1ST FLOOR, 100 PITTS BAY ROAD
CITY: PEMBROKE
STATE: D0
ZIP: HM08
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Watford Holdings Ltd.
CENTRAL INDEX KEY: 0001601669
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
IRS NUMBER: 981155442
STATE OF INCORPORATION: D0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: WATERLOO HOUSE
STREET 2: 100 PITTS BAY ROAD
CITY: PEMBROKE
STATE: D0
ZIP: HM 08
BUSINESS PHONE: (441) 278-4124
MAIL ADDRESS:
STREET 1: P.O. BOX HM 2069
CITY: HAMILTON
STATE: D0
ZIP: HM HX
4
1
wf-form4_158880240745871.xml
FORM 4
X0306
4
2020-05-06
0
0001601669
Watford Holdings Ltd.
WTRE
0001767383
Scherer Alexandre
C/O WATFORD HOLDINGS LTD. WATERLOO HOUSE
1ST FLOOR, 100 PITTS BAY ROAD
PEMBROKE
D0
HM 08
BERMUDA
0
1
0
0
CEO (WSIC; WIC)
Common Shares, par value $0.01/share
2020-05-06
4
P
0
1700
11.77
A
12912
D
8 1/2 Cumulative Redeemable Preference Shares
800
D
Restricted Share Units - 2019
Common Shares, par value $0.01/share
9423.0
9423
D
Restricted Share Units - 2020
Common Shares, par value $0.01/share
5435.0
5435
D
Each restricted share unit represents a contingent right to receive one common share of Watford Holdings Ltd.
The reporting person received a restricted share unit grant subject to a three-year vesting schedule, of which 33.34% vested on the one year anniversary of April 26, 2019, 33.33% will vest on the second year anniversary and 33.33% will vest on the third year anniversary. Upon vesting, the reporting person will receive a number of common shares equal to the number of restricted share units that have vested.
The reporting person received a restricted share unit grant, 50% of which are subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary of March 1, 2020, 33.33% on the second year anniversary and 33.33% on the third year anniversary. The remaining 50% of the granted restricted share units are subject to performance metrics defined in the 2018 Stock Plan and cliff-vest on the third anniversary of March 1, 2020. Upon vesting, the reporting person will receive a number of common shares equal to the number of restricted share units that have vested.
/s/ Alexandre J.M. Scherer
2020-05-06