Charman's gross proceeds from Endurance sale $325mn

Endurance chairman and CEO John Charman will receive gross
proceeds of $325mn as a result of the sale of his company to Sompo,
with an estimated net gain of $213.6mn.
According to analysis run by The Insurance
Insider, Charman's 4.9 percent stake in Endurance
equates to around $311mn at the sale price of $93 per share -
equivalent to 1.36x trailing book value (see table).
The executive also has 283,556 unvested share
options, half of which are set to vest...