Form 8-K - Current report
May 21 2024 - 4:31PM
Edgar (US Regulatory)
SiriusPoint Ltd false 0001576018 0001576018 2024-05-20 2024-05-20 0001576018 us-gaap:CommonStockMember 2024-05-20 2024-05-20 0001576018 us-gaap:SeriesBPreferredStockMember 2024-05-20 2024-05-20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 21, 2024 (May 20, 2024)
SIRIUSPOINT LTD.
(Exact name of registrant as specified in its charter)
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Bermuda |
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001-36052 |
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98-1599372 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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Point Building |
3 Waterloo Lane |
Pembroke HM 08 Bermuda |
(Address of principal executive offices and Zip Code) |
Registrant’s telephone number, including area code: +1 441 542-3300
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading symbol(s) |
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Name of each exchange on which registered |
Common Shares, $0.10 par value |
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SPNT |
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New York Stock Exchange |
8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share |
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SPNT PB |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 |
Submission of Matters to a Vote of Security Holders |
SiriusPoint Ltd. (the “Company”) held its 2024 annual general meeting of shareholders (the “Annual Meeting”) on May 20, 2024.
Set forth below is a brief description of each matter voted upon at the Annual Meeting and the results of voting on each such matter. The proposals are described in more detail the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 9, 2024, as amended (the “Proxy Statement”) for the Annual Meeting.
The voting results provided below take into account certain voting limitations and reallocation of voting power in accordance with the Company’s Bye-laws, as amended (the “Bye-laws”) and as described in the Proxy Statement. In accordance with the Investor Rights Agreement between the Company and CM Bermuda Ltd. dated February 26, 2021, the voting power of CM Bermuda Ltd., its affiliates and its related persons in the Company is capped at 9.9% as described further in the Proxy Statement. Additionally, shares that are treated as “controlled shares” (as determined pursuant to sections 957 and 958 of the Internal Revenue Code of 1986, as amended) of any U.S. person (that owns shares directly or indirectly through non-U.S. entities) are limited, in the aggregate, to a voting power of less than 9.5%, under a formula specified in the Company’s Bye-laws and as further described in the Proxy Statement.
(1) The Company’s shareholders elected four Class II directors to serve until the annual general meeting of shareholders to be held in 2027, or until his or her successor has been elected and qualified or until his or her office shall otherwise be vacated pursuant to the Company’s Bye-laws as set forth below.
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Director Name |
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For |
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Withheld |
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Broker Non-Votes |
Bronek Masojada (Class II) |
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102,007,883 |
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4,033,734 |
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8,189,311 |
Daniel S. Loeb (Class II) |
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102,360,536 |
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3,681,081 |
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8,189,311 |
Mehdi A. Mahmud (Class II) |
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81,608,050 |
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24,433,567 |
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8,189,311 |
Jason Robart (Class II) |
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92,927,763 |
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13,113,854 |
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8,189,311 |
(2) The Company’s shareholders approved, by a non-binding advisory vote, the compensation paid to the Company’s named executive officers as set forth below.
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For |
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Against |
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Abstain |
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Broker Non-Votes |
87,240,810 |
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18,728,973 |
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71,834 |
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8,189,311 |
(3) The Company’s shareholders approved the appointment of PricewaterhouseCoopers LLP, an independent registered public accounting firm, as the Company’s independent auditor to serve until the annual general meeting to be held in 2025, and the authorization of the board of directors of the Company (the “Board”), acting by the Audit Committee of the Board, to determine the independent auditor’s remuneration as set forth below.
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For |
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Against |
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Abstain |
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Broker Non-Votes |
114,115,520 |
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97,864 |
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17,544 |
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0 |
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit No. |
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Description |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SIRIUSPOINT LTD. |
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Date: May 21, 2024 |
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By: |
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/s/ Linda S. Lin |
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Linda S. Lin |
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Chief Legal Officer & Secretary |
v3.24.1.1.u2
Document and Entity Information
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May 20, 2024 |
Document And Entity Information [Line Items] |
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Entity Registrant Name |
SiriusPoint Ltd
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Amendment Flag |
false
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Entity Central Index Key |
0001576018
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Document Type |
8-K
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Document Period End Date |
May 20, 2024
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Entity Incorporation State Country Code |
D0
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Entity File Number |
001-36052
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Entity Tax Identification Number |
98-1599372
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Entity Address, Address Line One |
Point Building
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Entity Address, Address Line Two |
3 Waterloo Lane
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Entity Address, City or Town |
Pembroke
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Entity Address, Postal Zip Code |
HM 08
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Entity Address, Country |
BM
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City Area Code |
441
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Local Phone Number |
542-3300
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Written Communications |
false
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false
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Pre Commencement Issuer Tender Offer |
false
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Entity Emerging Growth Company |
false
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Common Stock [Member] |
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Document And Entity Information [Line Items] |
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Security 12b Title |
Common Shares, $0.10 par value
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Trading Symbol |
SPNT
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Security Exchange Name |
NYSE
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Series B Preferred Stock [Member] |
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Document And Entity Information [Line Items] |
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Security 12b Title |
8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share
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Trading Symbol |
SPNT PB
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Security Exchange Name |
NYSE
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