RENAISSANCERE HOLDINGS LTD 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Feb 9, 2017
Insider Transaction Report
Form 4
Todd Rider Fonner
SVP & CIO
Transactions
- Exercise/Conversion
Common Stock
2017-02-08$51.13/sh+5,865$299,877→ 73,923 total - Exercise/Conversion
Common Stock
2017-02-08$53.86/sh+1,856$99,964→ 72,734 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2017-02-07−29,309→ 0 totalExercise: $53.86Exp: 2018-03-03→ RNR Common Stock (29,309 underlying) - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-02-08−5,865→ 0 totalExercise: $51.13Exp: 2017-03-01→ RNR Common Stock (5,865 underlying) - Exercise/Conversion
Common Stock
2017-02-07$53.86/sh+29,309$1,578,583→ 77,437 total - Sale
Common Stock
2017-02-08$139.73/sh−1,004$140,289→ 71,730 total - Tax Payment
Common Stock
2017-02-07$140.39/sh−20,086$2,819,874→ 57,351 total - Exercise/Conversion
Common Stock
2017-02-07$51.13/sh+29,885$1,528,020→ 87,236 total - Exercise/Conversion
Non-Qualified Stock Options (Right to Buy)
2017-02-07−29,885→ 0 totalExercise: $51.13Exp: 2017-03-01→ RNR Common Stock (29,885 underlying) - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-02-08−1,856→ 0 totalExercise: $53.86Exp: 2018-03-03→ RNR Common Stock (1,856 underlying) - Tax Payment
Common Stock
2017-02-07$140.39/sh−19,178$2,692,399→ 68,058 total - Sale
Common Stock
2017-02-08$139.97/sh−3,045$426,209→ 70,878 total
Footnotes (7)
- [F1]Relates exclusively to the exercise of employee stock options originally granted to the Reporting Person on March 3, 2008 with a ten year term.
- [F2]Represents the withholding of shares to cover the payment of exercise price of the employees stock options and withholding of taxes due on exercise.
- [F3]Relates exclusively to the exercise of employee stock options originally granted to the Reporting Person on March 1, 2007 with a ten year term.
- [F4]This transaction reflects the sale of shares, issued on exercise of the employee stock options reported above, to cover the payment of the exercise price of the employee stock options and withholding taxes due on exercise.
- [F5]Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $139.95 to $140.00 The reporting person undertakes to provide the full information regarding the number of shares sold at each price to the Commission, the issuer or a security holder of the issuer upon request.
- [F6]Vested in four equal annual installments beginning on March 3, 2009.
- [F7]Vested in four equal annual installments beginning on March 1, 2008.