4//SEC Filing
PARTNERRE LTD 4
Accession 0001127602-16-047141
$PREJFCIK 0000911421operating
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 3:44 PM ET
Size
9.6 KB
Accession
0001127602-16-047141
Insider Transaction Report
Form 4
Hanratty Judith
Director
Transactions
- Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$66.38/sh−10,127$672,230→ 0 totalExercise: $71.12From: 2013-06-15Exp: 2022-06-15→ Common Shares (10,127 underlying) - Disposition to Issuer
Common Shares
2016-03-18$137.50/sh−5,601$770,138→ 0 total - Disposition to Issuer
Restricted Share Units
2016-03-18$137.50/sh−1,458$200,475→ 0 totalExercise: $0.00From: 2016-06-15→ Common Shares (1,458 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the merger agreement between the issuer and EXOR in exchange for a cash payment of $770,138 on the effective date of the merger and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
- [F2]These Share Options, 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 $672,230, representing the difference between the exercise price of the Share Option and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
- [F3]These Restricted Share Units (RSUs), which provided for a vest on the fifth anniversary of the date of grant, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $200,475, representing the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
Documents
Issuer
PARTNERRE LTD
CIK 0000911421
Entity typeoperating
Related Parties
1- filerCIK 0000911421
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 3:44 PM ET
- Size
- 9.6 KB