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RENAISSANCERE HOLDINGS LTD — Director's Dealing 2012
Oct 22, 2012
30524_dirs_2012-10-22_52640426-5389-4d63-aa48-f5bd5677e485.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: 2012-10-18
Reporting Person: Durhager Peter C (EVP & Chief Admin. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-10-18 | Common Stock | S | 10000 | $80.00 | Disposed | 72076 | Direct |
| 2012-10-18 | Common Stock | M | 34035 | $37.51 | Acquired | 106111 | Direct |
| 2012-10-18 | Common Stock | F | 15803 | $80.79 | Disposed | 90308 | Direct |
| 2012-10-19 | Common Stock | S | 18232 | $80.64 | Disposed | 72076 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-10-18 | Non-Qualified Stock Option (Right to Buy) | $37.51 | M | 34035 | Disposed | 2015-11-04 | RNR Common Stock (34035) | Direct |
Footnotes
F1: This transaction reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person on October 18, 2012. The sale was effected pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2012.
F2: These transactions relate to the exercise of employee stock options originally granted to the Reporting Person on November 4, 2005 with a ten year term. The exercise and subsequent sale of resulting shares were effected pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2012.
F3: Represents a weighted average sale price; the sales prices ranged from $80.53 to $80.80. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.