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RENAISSANCERE HOLDINGS LTD — Director's Dealing 2012
Nov 21, 2012
30524_dirs_2012-11-21_a79f5161-9589-422c-8f19-867afd3f7278.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RENAISSANCERE HOLDINGS LTD (RNR)
CIK: 0000913144
Period of Report: 2012-11-19
Reporting Person: Weinstein Stephen Howard (SVP, General Counsel & Secty)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-19 | Common Stock | M | 12000 | $39.07 | Acquired | 113650 | Direct |
| 2012-11-19 | Common Stock | F | 8002 | $80.18 | Disposed | 105648 | Direct |
| 2012-11-20 | Common Stock | S | 3998 | $79.64 | Disposed | 101650 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-19 | Non-Qualified Stock Option (Right to Buy) | $39.07 | M | 12000 | Disposed | 2012-11-19 | RNR Common Stock (12000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2970 | Indirect |
Footnotes
F1: The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on November 19, 2002 with a ten year term. The exercise was effected on the expiry date of November 19, 2012 pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2011.
F2: The transaction reported hereby reflects the concurrent sale of shares on November 20, 2012 issued on the exercise of the employee stock options described above. The sale as well as the exercise was effected pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2011.
F3: Represents exclusively shares held by two separate trusts for the benefit of each of two minor children of the Reporting Person, respectively (the "Trusts"), which shares may be deemed to be beneficially owned by the Reporting Person.