SEC Form 4 · accession 0001209191-16-156480
RENAISSANCERE HOLDINGS LTD · RNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ross Curtis
Officer — SVP,Chief Underwriting Officer
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 4:06 pm EST
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 | Dec 20, 2016 | S | 5,000 | $135.00 | D | 93,201 | D | |
| Common Stock | Dec 20, 2016 | M | 22,328 | $53.86 | A | 115,529 | D | |
| Common Stock | Dec 20, 2016 | F | 8,896 | $135.19 | D | 106,633 | D | |
| Common Stock | Dec 20, 2016 | M | 4,266 | $50.71 | A | 110,899 | D | |
| Common Stock | Dec 20, 2016 | F | 1,601 | $135.19 | D | 109,298 | D | |
| Common StockF4 | Dec 21, 2016 | S | 16,097 | $134.289 | D | 93,201 | D |
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 Options (Right to BuyF5 | $53.86 | Dec 20, 2016 | M | 22,328 | D | — | Mar 3, 2018 | RNR Common Stock | 22,328 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F6 | $50.71 | Dec 20, 2016 | M | 4,266 | D | — | May 5, 2018 | RNR Common Stock | 4,266 | 0 | D |
Explanation of responses
- F1All of the transactions reported hereby were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2016.
- F2Relates to the exercise of employee stock options originally granted to the Reporting Person on March 3, 2008.
- F3Relates to the exercise of employee stock options originally granted to the Reporting Person on May 5, 2008.
- F4Represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $133.75 to $134.7250. 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.
- F5Vested in four equal annual installments beginning on March 3, 2009.
- F6Vested in four equal annual installments beginning on May 5, 2009.