4//SEC Filing
Pestcoe Marvin 4
Accession 0001127602-13-009281
CIK 0000911421other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:12 PM ET
Size
9.1 KB
Accession
0001127602-13-009281
Insider Transaction Report
Form 4
Pestcoe Marvin
CEO, Capital Markets Group
Transactions
- Award
Stock Appreciation Rights
2013-03-01$89.20/sh+19,619$1,750,015→ 19,619 totalExercise: $89.20From: 2014-03-01Exp: 2023-03-01→ Common Shares (19,619 underlying) - Award
Common Shares
2013-03-01+5,605→ 29,613 total - Award
Common Shares
2013-03-01+5,605→ 35,218 total
Footnotes (3)
- [F1]Restricted Share Units granted as a long-term incentive award will vest 100% on the 3rd anniversary of the grant.
- [F2]Performance Share Units granted as a long-term incentive award will vest 100% on the third anniversary of the date of grant. Vesting of these shares is subject to the satisfactory achievement of both service and performance-based vesting conditions. The amount of 5,605 reported as granted represents the "target" equity award assuming target performance of 100%. The maximum equity award value is 150% of the "target" value which is equivalent to 8,408 shares and the minimum equity award value is 50% of the "target" value which is equivalent to 2,803 shares. The performance metric is the change in Tangible Book Value per Share over a three-year period.
- [F3]Share-Settled Share Appreciation Rights (SARs) will vest 33% on the first and second anniversary of the date of grant and 34% on the third anniversary of the date of grant and will be settled in shares.
Documents
Issuer
PARTNERRE LTD
CIK 0000911421
Entity typeother
Related Parties
1- filerCIK 0001499968
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:12 PM ET
- Size
- 9.1 KB