SEC Form 4 · accession 0001209191-17-017542
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 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:25 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 StockF2 | Mar 1, 2017 | G | 372 | $0.00 | A | 2,512 | I | by Trust |
| Common Stock | Mar 1, 2017 | G | 372 | $0.00 | D | 78,290 | D | |
| Common Stock | Mar 1, 2017 | F | 541 | $150.35 | D | 77,749 | D | |
| Common Stock | Mar 1, 2017 | F | 578 | $150.35 | D | 77,171 | D | |
| Common Stock | Mar 1, 2017 | F | 433 | $150.35 | D | 76,738 | D | |
| Common Stock | Mar 1, 2017 | F | 189 | $150.35 | D | 76,549 | D | |
| Common Stock | Mar 1, 2017 | A | 5,802 | $0.00 | A | 82,351 | D | |
| Common Stock | Mar 1, 2017 | A | 7,811 | $0.00 | A | 90,162 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents gifts made to two separate trusts for the benefits of each of two minor children of the Reporting Person, respectively (the "Trusts").
- F2Represents shares held by the Trusts, which shares may be deemed to be beneficially owned by the Reporting Person.
- F3This represents shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares granted on March 1, 2013.
- F4This represents shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares granted on February 27, 2015.
- F5This represents shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares granted on January 12, 2016.
- F6This represents shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares granted on May 16, 2016.
- F7Grant of restricted common shares of the issuer pursuant to the RenaissanceRe Holdings Ltd. 2016 Long-Term Incentive Plan (the "2016 Plan"). These shares will vest in four equal annual installments beginning on March 1, 2018.
- F8Grant of performance-based restricted common shares of the issuer pursuant to the 2016 Plan. These shares will vest following the expiration of the service period on December 31, 2019, subject to the satisfaction of service-and performance-based vesting conditions. The award consists of three substantially equal tranches. The amount awarded represents the maximum potential achievable number of shares. The number of shares in each tranche that ultimately vest is a function of the issuer's total shareholder return relative to the members of a predetermined peer group of companies during a given calendar-year performance period (2017, 2018 or 2019), and is subject to the reporting person's continued employment through the expiration of the service period. If, following the Compensation Committee's determination of total shareholder return for a performance period, there are shares that are no longer eligible to vest, those shares will be immediately forfeited.
Remarks
Exhibit 24.1 Power of Attorney