Oxbridge Re grants 16,000 restricted shares each to Cabillot and Persaud; raises Madhu and Timothy salaries

OXBRIDGE RE HOLDINGS Ltd

Each of Raymond Cabillot and Kris Persaud received 16,000 restricted ordinary shares under 2014 Omnibus Incentive Plan.
Shares vest 6.25% per quarter starting grant date through Dec 31, 2025; subject to forfeiture before vesting.
Jay Madhu's base salary increased from $232,000 to $285,000 per annum effective Jan 1, 2022.
Wrendon Timothy's base salary increased from $132,000 to $162,000 per annum effective Jan 1, 2022.
Issuance exempt from registration under Section 4(a)(2) of Securities Act as not a public offering.

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