Filing Details

Accession Number:
0001181431-12-014362
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-05 17:37:50
Reporting Period:
2012-03-01
Filing Date:
2012-03-05
Accepted Time:
2012-03-05 17:37:50
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 HM19
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 2012-03-01 10,570 $0.00 117,818 No 4 A Direct
Common Stock (Performance Based) Acquisiton 2012-03-01 8,809 $0.00 126,627 No 4 A Direct
Common Stock Disposition 2012-03-01 1,290 $71.69 125,337 No 4 F Direct
Common Stock Acquisiton 2012-03-01 2,240 $0.00 127,577 No 4 M Direct
Common Stock Disposition 2012-03-01 2,240 $71.69 125,337 No 4 D Direct
Common Stock Disposition 2012-03-01 10,000 $72.12 115,337 No 4 S Direct
Common Stock Disposition 2012-03-02 3,183 $71.70 112,154 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 D Direct
No 4 S Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2012-03-01 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
4,480 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,946 Indirect By Trusts
Footnotes
  1. These shares will vest in four equal annual installments beginning on March 1, 2013.
  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 of 8,809 reported as granted represents the maximum potential achievable award assuming maximum performance attainment in each of the subsequent three years, compared to a "target" award value equivalent to 3,523 shares. 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. 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 in two prior years which vested on March 1, 2012.
  4. The Reporting Person received a grant of Cash-Settled Restricted Stock Units ("CSRUs") on March 1, 2010 which vest in four equal annual installments beginning on March 1, 2011. Each CSRU 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.
  5. Represents the full value, gross of any applicable withholdings, of one quarter of the original CSRU grant which vested on March 1, 2012.
  6. Each CSRU was the economic equivalent of one share of the Issuer's Common Stock. On March 1, 2012, 2,240 of the Reporting Person's CSRUs were settled for cash.
  7. This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person on March 1, 2012. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2011.
  8. Represents a weighted average sale price; the sales prices ranged from $71.80 to $72.58. 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.
  9. 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 in a prior year which vested on March 2, 2012.
  10. 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.