PARTNERRE LTD 4
4 · PARTNERRE LTD · Filed Jan 10, 2005
Insider Transaction Report
Form 4
PABST MARK
EVP
Transactions
- Purchase
Common Stock
2004-12-31$50.00/sh+1,739$86,950→ 12,069 total - Sale
8% Premium Equity Participating Unit (PEPS)
2004-12-31−2,000→ 0 total
Footnotes (1)
- [F1]The reporting person converted 2,000 shares of 8% Premium Equity Participating Units (PEPS) on December 31, 2004 at a conversion factor of 0.8696 for each PEPS Unit resulting in his acquisition of 1,739 Common Shares. Each PEPS Unit had a face value of $50.00 per unit. The conversion factor was based on a formula using the 20 trading day average closing price of Common Stock prior to December 28, 2004.