Filing Details
- Accession Number:
- 0001181431-11-015444
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-03 21:14:55
- Reporting Period:
- 2011-03-01
- Filing Date:
- 2011-03-03
- Accepted Time:
- 2011-03-03 21:14:55
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
913144 | Renaissancere Holdings Ltd | RNR | Fire, Marine & Casualty Insurance (6331) | 980138020 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1492531 | Jonathan Paradine | Renaissance House 12 Crow Lane Pembroke D0 HM 19 | Cuo - Renaissance Reins. Ltd. | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2011-03-01 | 7,797 | $0.00 | 62,489 | No | 4 | A | Direct | |
Common Stock (Performance Based) | Acquisiton | 2011-03-01 | 6,498 | $0.00 | 68,987 | No | 4 | A | Direct | |
Common Stock | Disposition | 2011-03-01 | 4,026 | $66.63 | 64,961 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2011-03-01 | 24,793 | $37.51 | 89,754 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-03-01 | 14,046 | $66.21 | 75,708 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2011-03-01 | 1,791 | $0.00 | 77,499 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-03-01 | 1,791 | $66.21 | 75,708 | No | 4 | D | Direct | |
Common Stock | Disposition | 2011-03-02 | 22,047 | $66.41 | 53,661 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | D | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2011-03-01 | 24,793 | $0.00 | 24,793 | $37.51 |
Common Stock | Restricted Stock Units | Disposition | 2011-03-01 | 1,791 | $0.00 | 1,791 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2006-11-04 | 2015-11-04 | No | 4 | M | Direct |
5,372 | 2011-03-01 | No | 4 | M | Direct |
Footnotes
- These shares will vest in four equal annual installments beginning on March 1, 2012.
- Grant of restricted Common Stock of the Issuer, pursuant to its 2010 Performance-based Equity Incentive 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.
- Represents a weighted average sale price; the sales prices ranged from $66.50 to $66.81. 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.
- This transaction reflects the exercise of employee stock options originally granted to the Reporting Person on November 4, 2005 with a ten year term.
- The Reporting Person received a grant of Restricted Stock Units on March 1, 2010 which vests in four equal annual installments beginning on March 1, 2011. Each restricted stock unit represents a contingent right to receive, upon settlement, cash equal to the closing fair market value of one Common Share of the Issuer on the date of vesting.
- Represents the full value, gross of any applicable withholdings, of one quarter of the original grant which vested on March 1, 2011.
- Each Restricted Stock Unit was the economic equivalent of one share of the Issuer's Common Stock. On March 1, 2011, 1,791 of the Reporting Person's Restricted Stock Units were settled for cash.
- Represents a weighted average sale price; the sales prices ranged from $66.01 to $66.73. 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.