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RENAISSANCERE HOLDINGS LTD — Director's Dealing 2015
Mar 3, 2015
30524_dirs_2015-03-03_9c171927-8d0f-4440-afde-504f4e98d20e.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: 2015-02-27
Reporting Person: Dutt Aditya (President, Ventures)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-27 | Common Stock | A | 8352 | $0.00 | Acquired | 57673 | Direct |
| 2015-02-27 | Common Stock | A | 6960 | $0.00 | Acquired | 64633 | Direct |
| 2015-03-02 | Common Stock | S | 9791 | $102.42 | Disposed | 54842 | Direct |
Footnotes
F1: Grant of restricted common shares of the Issuer pursuant to the Amended and Restated 2001 Stock Incentive Plan ("2001 Plan"). These shares will vest in four equal annual installments beginning on March 1, 2016.
F2: Grant of restricted common shares 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. If minimal performance conditions are not met, all shares will be returned to the Performance Share Plan. The grant consists of three 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: This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person on March 2, 2015. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2014.
F4: Represents a weighted average sale price; the sales prices ranged from $102.04 to $102.62. 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.