Filing Details

Accession Number:
0001181431-12-014370
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-05 17:40:57
Reporting Period:
2012-03-01
Filing Date:
2012-03-05
Accepted Time:
2012-03-05 17:40:57
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
1492528 Ross Curtis Renaissance House
12 Crow Lane
Pembroke D0 HM 19
Cuo - European Operations 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 8,915 $0.00 83,050 No 4 A Direct
Common Stock (Performance Based) Acquisiton 2012-03-01 7,429 $0.00 90,479 No 4 A Direct
Common Stock Acquisiton 2012-03-01 1,791 $0.00 92,270 No 4 M Direct
Common Stock Disposition 2012-03-01 1,791 $71.69 90,479 No 4 D Direct
Common Stock Disposition 2012-03-01 6,000 $72.38 84,479 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 S 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 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
3,581 No 4 M Direct
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 7,429 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 2,971 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. 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.
  4. Represents the full value of one quarter of the original CSRU grant which vested on March 1, 2012.
  5. Each CSRU was the economic equivalent of one share of the Issuer's Common Stock. On March 1, 2012, 1,791 of the Reporting Person's CSRUs were settled for cash.
  6. 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 November 29, 2011.
  7. Represents a weighted average sale price; the sales prices ranged from $71.89 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.