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RENAISSANCERE HOLDINGS LTD — Director's Dealing 2012
Nov 19, 2012
30524_dirs_2012-11-19_aa3b32f9-fcbd-4156-9f11-c9712942c65e.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: ODonnell Kevin (President & CUO RenRe Holdings)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-19 | Common Stock | A | 19132 | $0.00 | Acquired | 149772 | Direct |
| 2012-11-19 | Common Stock (Performance Based) | A | 15943 | $0.00 | Acquired | 165715 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1079 | Indirect |
Footnotes
F1: Grant of restricted Common Stock of the Issuer, pursuant to its 2001 Stock Incentive Plan, as amended and restated. These shares will vest in four equal annual installments beginning on November 19, 2013.
F2: Grant of restricted Common Stock of the Issuer, pursuant to its 2010 Performance-based Equity Incentive Plan ("Performance Share Plan"). Vesting of these shares is subject to the satisfaction of both certain service- and performance-based vesting conditions. The amount granted represents the maximum potential achievable award assuming maximum performance attainment in each of the subsequent four years. If minimal performance conditions are not met, all shares will be returned to the Performance Share Plan. The grant consists of four substantially equal performance measurement periods, and the number of shares in each tranche that ultimately vest is a function of the Issuer's Total Shareholder Return during a given calendar-year period relative to the members of a predetermined peer group of companies, and the satisfaction of applicable service conditions.
F3: These securities are owned and controlled by a family limited partnership for the benefit of immediate family members of the Reporting Person and may be deemed to be beneficially owned by the Reporting Person.