4//SEC Filing
PARTNERRE LTD 4
Accession 0001127602-16-047149
$PREJFCIK 0000911421operating
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 3:53 PM ET
Size
12.1 KB
Accession
0001127602-16-047149
Insider Transaction Report
Form 4
TWOMEY KEVIN M
Director
Transactions
- 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) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$63.42/sh−8,742$554,418→ 0 totalExercise: $74.08From: 2008-05-22Exp: 2018-05-22→ Common Shares (8,742 underlying) - Disposition to Issuer
Common Shares
2016-03-18$137.50/sh−5,601$770,138→ 0 total - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2016-03-18$61.96/sh−9,804$607,456→ 0 totalExercise: $75.54From: 2010-05-12Exp: 2020-05-12→ Common Shares (9,804 underlying)
Footnotes (4)
- [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 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.
- [F3]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.
- [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 $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.
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, 3:53 PM ET
- Size
- 12.1 KB