Richmond Hill Capital Management Form 4 Global Indemnity / Ryan P. Taylor ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Richmond Hill Investment Co., LP

(Last) (First) (Middle)

375 HUDSON STREET

12TH FLOOR

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Global Indemnity Ltd [ GBLI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
CLASS A ORDINARY SHARES	06/22/2018		S		14,072	D	$41.55(1)	1,001,814(2)	I	(I)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Richmond Hill Investment Co., LP

(Last) (First) (Middle)

375 HUDSON STREET

12TH FLOOR

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Richmond Hill Capital Management, LLC

(Last) (First) (Middle)

375 HUDSON STREET

12TH FLOOR

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Taylor Ryan P.

(Last) (First) (Middle)

375 HUDSON STREET

12TH FLOOR

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

Explanation of Responses:

1. The sale price represents a weighted average of the sale price for multiple transactions on the same trading day. The range of sale prices was $41.50 to $41.77. The Reporting Persons will provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

2. The filing of this Form 4 shall not be construed as an admission that Richmond Hill Investment Co., LP (Richmond Hill), Richmond Hill Capital Management, LLC (the Manager GP) or Ryan P. Taylor, the principal of Richmond Hill, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Class A Ordinary Shares (the Common Stock), of Global Indemnity LTD Cayman (the Issuer) purchased by a certain private investment fund advised by Richmond Hill (the Fund). Pursuant to Rule 16a-1, each of Richmond Hill, the Manager GP and Mr. Taylor disclaim such beneficial ownership.

3. Richmond Hill holds indirectly the shares of Common Stock of the Issuer through the Fund, for which Richmond Hill is the Investment Manager. The Manager GP serves as the general partner of Richmond Hill. Ryan P. Taylor reports the Common Stock held indirectly by Richmond Hill and the Manager GP because, as the principal of Richmond Hill at the time of purchase, he controlled the disposition and voting of the securities.

Remarks:

Reporting Person: Richmond Hill Investment Co., LP Address: 375 Hudson Street, 12th Fl., New York, NY 10014 Designated Filer: Richmond Hill Investment Co., LP Issuer and Symbol: Global Indty LTD Cayman (GBLI) Date of Event: 06/22/2018 Requiring Statement: Signature: /s/ Ryan P. Taylor Ryan P. Taylor, Member of Richmond Hill Capital Management, LLC, its general partner Reporting Person: Richmond Hill Capital Management, LLC Address: 375 Hudson Street, 12th Fl., New York, NY 10014 Designated Filer: Richmond Hill Investment Co., LP Issuer and Symbol: Global Indty LTD Cayman (GBLI) Date of Event: 06/22/2018 Requiring Statement: Signature: /s/ Ryan P. Taylor Ryan P. Taylor, Member Reporting Person: Ryan P. Taylor Address: 375 Hudson St, 12th Fl., New York, NY 10014 Designated Filer: Richmond Hill Investment Co., LP Issuer and Symbol: Global Indty LTD Cayman (GBLI) Date of Event: 06/22/2018 Requiring Statement: Signature: /s/ Ryan P. Taylor Ryan P. Taylor

	/s/ Ryan P. Taylor	06/25/2018
	/s/ Ryan P. Taylor on behalf of Richmond Hill Capital Management, LLC	06/25/2018
	/s/ Ryan P. Taylor	06/25/2018
	** Signature of Reporting Person	Date
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