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RENAISSANCERE HOLDINGS LTD — Director's Dealing 2021
Feb 9, 2021
30524_dirs_2021-02-09_11ff4b5d-9062-4170-9de6-0f697961e313.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: 2021-02-05
Reporting Person: BRANAGAN IAN D (EVP, Chief Risk Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-05 | Common Stock | D | 2292 | $159.35 | Disposed | 46599 | Direct |
| 2021-02-05 | Common Stock | F | 462 | $159.35 | Disposed | 46137 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4000 | Indirect |
Footnotes
F1: The award consisted of three substantially equal tranches and the amount initially awarded represented the maximum potential achievable number of shares. The number of shares in each tranche that ultimately vests at the expiration of the applicable service period is a function of the Issuer's total shareholder return relative to a predetermined peer group of companies during a given calendar year performance period, and is subject to the reporting person's continued employment through the expiration of the applicable service period. Shares that are no longer eligible to vest following the Compensation Committee's determination of total shareholder return for a performance period are immediately forfeited.
F2: Represents the forfeiture, following the Compensation Committee's determination of total shareholder return for 2020, of a portion of the third tranche of performance-based restricted shares granted to the reporting person on March 1, 2018 pursuant to the Issuer's 2016 Long-Term Incentive Plan.
F3: Shares withheld for payment of withholding taxes upon the vesting of performance-based restricted shares granted to the reporting person on March 1, 2018.
F4: Represents shares held by a trust for the benefit of children of the reporting person, which shares may be deemed to be beneficially owned by the reporting person.