PARTNERRE LTD 4
4 · PARTNERRE LTD · Filed Mar 22, 2016
Insider Transaction Report
Form 4
SAUTTER REMY
Director
Transactions
- Disposition to Issuer
Common Shares
2016-03-18$137.50/sh−19,584$2,692,800→ 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 (2)
- [F1]Disposed of pursuant to the merger agreement between the issuer and EXOR in exchange for a cash payment of $2,692,800 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 $200,475, representing the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act.