Edgar Filing: Taylor Ryan P.

Ownership Submission

FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Richmond Hill Investment Co., LP

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

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

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

(Last)

(First)

(Middle)

375 HUDSON STREET, 12TH FLOOR

3. Date of Earliest Transaction (Month/Day/Year)
05/09/2018

(Street)

NEW YORK, NY 10014

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
CLASS A ORDINARY SHARES	05/09/2018		S		3,387	D	$ 40.1 ⁽¹⁾	1,039,770 ⁽²⁾	I	(I) ⁽³⁾
CLASS A ORDINARY SHARES	05/10/2018		S		2,709	D	$ 40.11 ⁽⁴⁾	1,037,061 ⁽²⁾	I	(I) ⁽³⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Richmond Hill Investment Co., LP 375 HUDSON STREET 12TH FLOOR NEW YORK, NY 10014
Richmond Hill Capital Management, LLC 375 HUDSON STREET 12TH FLOOR NEW YORK, NY 10014
Taylor Ryan P. 375 HUDSON STREET 12TH FLOOR NEW YORK, NY 10014

Signatures

/s/ Ryan P. Taylor on behalf of Richmond Hill Investment Co., LP		05/11/2018
^**Signature of Reporting Person		Date
/s/ Ryan P. Taylor on behalf of Richmond Hill Capital Management, LLC		05/11/2018
^**Signature of Reporting Person		Date
/s/ Ryan P. Taylor		05/11/2018
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(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 $40.00 to $40.39. 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.
(4)	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 $40.00 to $40.24. 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.
Remarks: 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: 05/09/2018 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: 05/09/2018 Requiring Statement: Signature: /s/ Ryan P. Taylor Ryan P. Taylor Richmond Hill Capital Management, LLC 375 HUDSON STREET 12TH FLOOR NEW YORK NY 10014 Taylor Ryan P. 375 HUDSON STREET 12TH FLOOR NEW YORK NY 10014

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.