SEC Form 4 · accession 0001209191-17-047300
RENAISSANCERE HOLDINGS LTD · RNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin ODonnell
Officer — Pres & Chief Executive Officer · Director
Period of report
Aug 1, 2017
Accepted (ET)
Aug 3, 2017 · 4:06 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 StockF2 | Aug 1, 2017 | S | 12,376 | $147.49 | D | 208,150 | D | |
| Common StockF3 | Aug 1, 2017 | S | 7,624 | $148.05 | D | 200,526 | D | |
| Common Stock | Aug 1, 2017 | M | 1,856 | $53.86 | A | 202,382 | D | |
| Common Stock | Aug 1, 2017 | F | 675 | $148.25 | D | 201,707 | D | |
| Common Stock | Aug 1, 2017 | M | 47,703 | $53.86 | A | 249,410 | D | |
| Common Stock | Aug 1, 2017 | F | 29,359 | $148.25 | D | 220,051 | D | |
| Common StockF5 | Aug 2, 2017 | S | 12,778 | $148.01 | D | 207,273 | D | |
| Common StockF6 | Aug 2, 2017 | S | 5,566 | $148.55 | D | 201,707 | D | |
| Common StockF7 | holding | — | — | — | 1,079 | I | by Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F8 | $53.86 | Aug 1, 2017 | M | 1,856 | D | — | Mar 3, 2018 | RNR Common Stock | 1,856 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F8 | $53.86 | Aug 1, 2017 | M | 47,703 | D | — | Mar 3, 2018 | RNR Common Stock | 47,703 | 0 | D |
Explanation of responses
- F1The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2017.
- F2Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $146.90 to $147.90 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.
- F3Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $147.91 to $148.28 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.
- F4Relates to the exercise of employee options originally granted to the Reporting Person on March 3, 2008.
- F5Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $147.41 to $148.41 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.
- F6Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $148.42 to $148.72 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.
- F7These securities are owned and controlled by a family limited partnership for the benefit of immediate family members of the Reporting Person and may be deemed to be beneficially owned by the Reporting Person.
- F8Vested in four equal annual installments beginning on March 3, 2009.