SEC Form 4 · accession 0001209191-15-028216
RENAISSANCERE HOLDINGS LTD · RNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Howard Weinstein
Officer — SVP, General Counsel & Secty
Period of report
Mar 19, 2015
Accepted (ET)
Mar 20, 2015 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000913144
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 19, 2015 | M | 8,239 | $49.10 | A | 77,574 | D | |
| Common Stock | Mar 19, 2015 | F | 5,685 | $100.91 | D | 71,889 | D | |
| Common Stock | Mar 20, 2015 | S | 2,554 | $101.12 | D | 69,335 | D | |
| Common StockF3 | holding | — | — | — | 3,242 | I | by Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy) | $49.10 | Mar 19, 2015 | M | 8,239 | D | Mar 21, 2006 | Mar 21, 2015 | RNR Common Stock | 8,239 | 0 | D |
Explanation of responses
- F1The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person under the Amended and Restated 2001 Stock Incentive Plan ("2001 plan") on March 21, 2005 with a ten year term. The exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2014.
- F2This transaction reflects the sale of shares issued on exercise of the employee stock options reported above; pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on May 14, 2014.
- F3Represents exclusively shares held by two separate trusts for the benefit of each of two minor children of the Reporting Person (collectively,the "Trusts"), which shares may be deemed to be beneficially owned by the Reporting Person.
Remarks
See attached footnotes page. All transactions listed above are pursuant to a Rule 10b5-1 trading plan Adopted by the Reporting Person on May 14, 2014.