PARTNERRE LTD 4

Accession 0001127602-16-047142

$PREJFCIK 0000911421operating

View on SEC.gov Company Profile

Filed

Mar 21, 8:00 PM ET

Accepted

Mar 22, 3:46 PM ET

Size

24.6 KB

Accession

0001127602-16-047142

Insider Transaction Report

Form 4

Period: 2016-03-18

PARTNERRE LTDPRE

HOLSBOER JAN H

Director

Transactions

Disposition to Issuer
Common Shares
2016-03-18$137.50/sh−30,976$4,259,200→ 0 total
Disposition to Issuer
Restricted Share Units
2016-03-18$137.50/sh−2,370$325,875→ 0 total
Exercise: $0.00From: 2016-06-15→ Common Shares (2,370 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$71.42/sh−10,941$781,406→ 0 total
Exercise: $66.08From: 2009-05-22Exp: 2019-05-22→ Common Shares (10,941 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$64.31/sh−7,268$467,405→ 0 total
Exercise: $73.19From: 2007-05-10Exp: 2017-05-10→ Common Shares (7,268 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$66.38/sh−10,127$672,230→ 0 total
Exercise: $71.12From: 2013-06-15Exp: 2022-06-15→ Common Shares (10,127 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$68.91/sh−10,768$742,023→ 0 total
Exercise: $68.59From: 2011-06-15Exp: 2021-06-15→ Common Shares (10,768 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$63.42/sh−8,742$554,418→ 0 total
Exercise: $74.08From: 2008-05-22Exp: 2018-05-22→ Common Shares (8,742 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$74.24/sh−6,725$499,264→ 0 total
Exercise: $63.26From: 2006-05-12Exp: 2016-05-12→ Common Shares (6,725 underlying)
Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$61.96/sh−9,804$607,456→ 0 total
Exercise: $75.54From: 2010-05-12Exp: 2020-05-12→ Common Shares (9,804 underlying)

Footnotes (9)

[F1]Disposed of pursuant to the merger agreement between the issuer and EXOR in exchange for a cash payment of $4,259,200 on the effective date of the merger and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F2]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 $325,875, representing the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.
[F3]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.
[F4]These Share Options, which provided for an immediate vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $742,023, 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.
[F5]These Share Options, which provided for an immediate vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $607,456, 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.
[F6]These Share Options, which provided for an immediate vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $781,406, 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.
[F7]These Share Options, which provided for an immediate vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $554,418, 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.
[F8]These Share Options, which provided for an immediate vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $467,405, 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.
[F9]These Share Options, which provided for an immediate vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $499,264, 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.

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, 3:46 PM ET
Size: 24.6 KB

View on SEC.gov