4//SEC Filing
RENAISSANCERE HOLDINGS LTD 4
Accession 0001209191-13-043028
$RNRCIK 0000913144operating
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 6:31 PM ET
Size
13.6 KB
Accession
0001209191-13-043028
Insider Transaction Report
Form 4
Durhager Peter C
SVP & Chief Admin. Officer
Transactions
- Sale
Common Stock
2013-09-04$87.65/sh−3,369$295,293→ 76,720 total - Tax Payment
Common Stock
2013-09-03$88.23/sh−17,881$1,577,641→ 90,089 total - Exercise/Conversion
Common Stock
2013-09-03$74.24/sh+21,250$1,577,600→ 107,970 total - Sale
Common Stock
2013-09-03$88.04/sh−10,000$880,400→ 80,089 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2013-09-03−21,250→ 21,250 totalExercise: $74.24From: 2005-08-31Exp: 2014-08-31→ RNR Common Stock (21,250 underlying)
Footnotes (6)
- [F1]The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on August 31, 2004 with a ten year term. The exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2013.
- [F2]This transaction reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person on September 3, 2013. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2013.
- [F3]Represents a weighted average sale price; the sales prices ranged from $87.47 to $88.29. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.
- [F4]This transaction reflects the sale of the shares issued on exercise of the employee stock options reported above; as required by the Reporting Person's Rule 10b5-1 trading plan adopted on May 23, 2013.
- [F5]Represents a weighted average sale price; the sales prices ranged from $87.42 to $88.09. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.
- [F6]Includes 7,907 shares from prior awards of Performance Shares which will not be earned as the aplicable performance conditions were not met, but will remain outstanding under the terms of the Plan until the time vesting requirement is met, at which point the shares will be cancelled.
Documents
Issuer
RENAISSANCERE HOLDINGS LTD
CIK 0000913144
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0000913144
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 6:31 PM ET
- Size
- 13.6 KB