Weinstein Stephen Howard 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Feb 10, 2020
Insider Transaction Report
Form 4
Weinstein Stephen Howard
SVP, General Counsel & Secty
Transactions
- Tax Payment
Common Stock
2020-02-06$196.34/sh−732$143,721→ 88,214 total - Disposition to Issuer
Common Stock
2020-02-06$196.34/sh−615$120,749→ 88,946 total - Disposition to Issuer
Common Stock
2020-02-06$196.34/sh−625$122,713→ 89,561 total
Holdings
- 3,388(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]The award consisted of three substantially equal tranches and the amount initially awarded represented the maximum potential achievable number of shares. The number of shares in each tranche that ultimately vests at the expiration of the applicable service period is a function of the Issuer's total shareholder return relative to a predetermined peer group of companies during a given calendar year performance period, and is subject to the reporting person's continued employment through the expiration of the applicable service period. Shares that are no longer eligible to vest following the Compensation Committee's determination of total shareholder return for a performance period are immediately forfeited.
- [F2]Represents the forfeiture, following the Compensation Committee's determination of total shareholder return for 2019, of a portion of the third tranche of performance-based restricted shares granted to the reporting person on March 1, 2017 pursuant to the Issuer's 2016 Long-Term Incentive Plan (the "2016 LTI Plan").
- [F3]Represents the forfeiture, following the Compensation Committee's determination of total shareholder return for 2019, of a portion of the second tranche of performance-based restricted shares granted to the reporting person on March 1, 2018 pursuant to the 2016 LTI Plan.
- [F4]Shares withheld for payment of withholding taxes upon the vesting of performance-based restricted shares granted to the reporting person on March 1, 2017.
- [F5]Shares held by two separate trusts for the benefit of each of two minor children of the reporting person, which shares may be deemed to be beneficially owned by the reporting person.