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
  1. These shares will vest in four equal annual installments beginning on March 1, 2012.
  2. 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.
  3. 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.
  4. This transaction reflects the exercise of employee stock options originally granted to the Reporting Person on November 4, 2005 with a ten year term.
  5. 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.
  6. Represents the full value, gross of any applicable withholdings, of one quarter of the original grant which vested on March 1, 2011.
  7. 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.
  8. 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.