SEC Form 4 · accession 0001209191-17-017534
RENAISSANCERE HOLDINGS LTD · RNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Paradine
Officer — SVP, CUO - Singapore
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:24 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 | Mar 1, 2017 | M | 5,332 | $50.71 | A | 67,748 | D | |
| Common Stock | Mar 1, 2017 | F | 1,816 | $148.96 | D | 65,932 | D | |
| Common Stock | Mar 1, 2017 | M | 23,834 | $53.86 | A | 89,766 | D | |
| Common Stock | Mar 1, 2017 | F | 8,618 | $148.96 | D | 81,148 | D | |
| Common StockF4 | Mar 1, 2017 | S | 6,955 | $149.25 | D | 74,193 | D | |
| Common StockF5 | Mar 1, 2017 | S | 11,777 | $149.91 | D | 62,416 | D | |
| Common Stock | Mar 1, 2017 | A | 5,618 | $0.00 | A | 68,034 | 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 Option (Right to Buy)F7 | $50.71 | Mar 1, 2017 | M | 5,332 | D | — | May 5, 2018 | RNR Common Stock | 5,332 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F8 | $53.86 | Mar 1, 2017 | M | 23,834 | D | — | Mar 3, 2018 | RNR Common Stock | 23,834 | 0 | D |
Explanation of responses
- F1The transactions reported hereby were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2016.
- F2Relates to the exercise of employee options originally granted to the Reporting Person on May 5, 2008.
- F3Relates to the exercise of employee options originally granted to the Reporting Person on March 3, 2008.
- F4Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $148.60 to $149.60 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.
- F5Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $149.61 to $150.19 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.
- F6Grant of restricted common shares of the issuer pursuant to the RenaissanceRe Holdings Ltd. 2016 Long-Term Incentive Plan. These shares will vest in four equal annual installments beginning on March 1, 2018.
- F7Vested in four equal installments beginning on May 5, 2009.
- F8Vested in four equal installments beginning on March 3, 2009.
Remarks
Exhibit 24.1 Power of Attorney