Filing Details
- Accession Number:
- 0001209191-13-014238
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-05 18:08:03
- Reporting Period:
- 2013-03-01
- Filing Date:
- 2013-03-05
- Accepted Time:
- 2013-03-05 18:08:03
- 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 |
---|---|---|---|---|---|---|---|
1355599 | Howard Stephen Weinstein | Renaissance House 12 Crow Lane Pembroke D0 HM 19 | Svp, General Counsel & Secty | 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 | 2013-03-01 | 8,657 | $0.00 | 106,542 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2013-03-01 | 7,214 | $0.00 | 113,756 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2013-03-01 | 2,240 | $0.00 | 115,996 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-03-01 | 2,240 | $87.53 | 113,756 | No | 4 | D | Direct | |
Common Stock | Disposition | 2013-03-01 | 1,952 | $87.53 | 111,804 | No | 4 | F | Direct | |
Common Stock | Disposition | 2013-03-02 | 3,846 | $87.53 | 107,958 | No | 4 | F | Direct | |
Common Stock | Disposition | 2013-03-01 | 22,500 | $87.11 | 85,458 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | M | Direct | |
No | 4 | D | Direct | |
No | 4 | F | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2013-03-01 | 2,240 | $0.00 | 2,240 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,240 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 3,660 | Indirect | by Trusts |
Footnotes
- These shares will vest in four equal annual installments beginning on March 1, 2014.
- 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 the full value, gross of applicable withholdings, of one quarter of the cash-settled Restricted Stock Units originally granted on March 1, 2010.
- Each Restricted Stock Unit was the economic equivalent of one share of the Issuer's Common Stock. On March 1, 2013, 2,240 of the Reporting Person's Restricted Stock Units were settled for cash.
- This represents shares withheld by the Registrant in respect of payment of withholding tax liability incurred upon the vesting of restricted shares from grants made on each of March 1, 2010, 2011 and 2012 which vested on March 1, 2013.
- This represents shares withheld by the Registrant in respect of payment of withholding tax liability incurred upon the vesting of restricted shares from a grant made on March 2, 2009 which vested on March 2, 2013.
- This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person on March 1, 2013. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2012.
- Represents a weighted average sale price; the sales prices ranged from $86.64 to $87.36. 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.
- Includes 5,594 shares from prior awards of Performance Shares which will not be earned as the applicable performance conditions were not met, but will remain outstanding under the terms of the Performance Share Plan until the time vesting requirement is met, at which point the shares will be cancelled.
- Represents exclusively shares held by two separate trusts for the benefit of each of two minor children of the Reporting Person, respectively (the "Trusts"), which shares may be deemed to be beneficially owned by the Reporting Person.
- The Reporting Person received a grant of Restricted Stock Units on March 1, 2010 which vests in four equal annual installments. 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.