PARTNERRE LTD 4

Accession 0001127602-16-047139

$PREJFCIK 0000911421operating

View on SEC.gov Company Profile

Filed

Mar 21, 8:00 PM ET

Accepted

Mar 22, 3:42 PM ET

Size

31.2 KB

Accession

0001127602-16-047139

Insider Transaction Report

Form 4

Period: 2016-03-18

PARTNERRE LTDPRE

Walker Theodore C

President & CEO, PartnerRe US

Transactions

Disposition to Issuer
Common Shares
2016-03-18$137.50/sh−42,717$5,873,588→ 0 total
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$55.56/sh−69,099$3,839,140→ 0 total
Exercise: $81.94From: 2012-02-17Exp: 2021-02-17→ Common Shares (69,099 underlying)
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$67.43/sh−10,000$674,300→ 0 total
Exercise: $70.07From: 2010-01-02Exp: 2019-01-02→ Common Shares (10,000 underlying)
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$48.30/sh−19,619$947,598→ 0 total
Exercise: $89.20From: 2014-03-01Exp: 2023-03-01→ Common Shares (19,619 underlying)
Award
Common Shares
2016-03-18+2,781→ 42,717 total
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$74.06/sh−28,500$2,110,710→ 0 total
Exercise: $63.44From: 2013-03-01Exp: 2022-02-28→ Common Shares (28,500 underlying)
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$75.60/sh−2,400$181,440→ 0 total
Exercise: $61.90From: 2010-02-27Exp: 2019-02-27→ Common Shares (2,400 underlying)
Award
Common Shares
2016-03-18+2,315→ 39,936 total
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$18.70/sh−16,204$303,015→ 0 total
Exercise: $118.80From: 2016-02-17Exp: 2025-02-17→ Common Shares (16,204 underlying)
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$38.62/sh−19,468$751,854→ 0 total
Exercise: $98.88From: 2015-02-28Exp: 2024-02-28→ Common Shares (19,468 underlying)
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$57.89/sh−68,089$3,941,672→ 0 total
Exercise: $79.61From: 2011-02-26Exp: 2020-02-26→ Common Shares (68,089 underlying)
Disposition to Issuer
Stock Appreciation Rights
2016-03-18$59.58/sh−12,000$714,960→ 0 total
Exercise: $77.92From: 2009-02-27Exp: 2018-02-27→ Common Shares (12,000 underlying)

Footnotes (12)

[F1]Reflects performance adjustment to Performance Share Units granted on February 17, 2015. This award was previously reported on grant at target (4,630 shares) and settled at 150% (6,945 shares) on March 18, 2016.
[F10]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $181,440 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F11]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $674,300 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F12]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $714,960 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F2]Reflects performance adjustment to Performance Share Units granted on February 28, 2014. This award was previously reported on grant at target (5,562 shares) and settled at 150% (8,343 shares) on March 18, 2016.
[F3]Disposed of pursuant to the merger agreement between the issuer and EXOR in exchange for a cash payment of $5,873,588 (less applicable tax withholding) on the effective date of the merger and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F4]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $303,015 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F5]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $751,854 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F6]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $947,598 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F7]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $2,110,710 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F8]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $3,839,140 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F9]These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $ 3,941,672(less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

PARTNERRE LTD

CIK 0000911421

→

Entity typeoperating

Related Parties

filerCIK 0000911421

Filing Metadata

Form type: 4
Filed: Mar 21, 8:00 PM ET
Accepted: Mar 22, 3:42 PM ET
Size: 31.2 KB

View on SEC.gov