RENAISSANCERE HOLDINGS LTD 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Jan 3, 2014
Insider Transaction Report
Form 4
Durhager Peter C
SVP & Chief Admin. Officer
Transactions
- Disposition to Issuer
Common Stock
2013-12-31$97.34/sh−642$62,492→ 61,078 total - Disposition to Issuer
Common Stock
2013-12-31$97.34/sh−3,750$365,025→ 57,328 total
Footnotes (3)
- [F1]Represents 642 Performance Shares cancelled from a maximum of 3,751 Performance Shares from the first tranche of the 2011 grant as a result of the Issuer's TSR for the calendar-year 2011 performance period relative to the members of a predetermined peer group reflecting the Committee's determination of the performance criteria for that tranche. See Remarks for additional detail.
- [F2]Represents cancellation of all of the shares originally comprising the second tranche of the 2011 grant as a result of the Issuer's TSR for the calendar-year 2012 performance period relative to the members of a predetermined peer group reflecting the Committee's determination of the performance criteria for that tranche. See remarks for additional detail.
- [F3]Includes 3,513 shares from prior awards of Performance Shares which will not be earned as the applicable performance conditions were not met, but will remain outstanding under the terms of the Performance Share Plan until the time vesting requirement is met, at which point the shares will be cancelled.