SEC Form 4 · accession 0001209191-18-016395

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, 2018

Accepted (ET)

Mar 5, 2018 · 4:10 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, 2018	F	855	$127.29	D	64,573	D
Common Stock	Mar 1, 2018	F	543	$127.29	D	64,030	D
Common Stock	Mar 1, 2018	F	176	$127.29	D	63,854	D
Common Stock	Mar 1, 2018	F	537	$127.29	D	63,317	D
Common Stock	Mar 1, 2018	A	6,853	$0.00	A	70,170	D
Common Stock	Mar 1, 2018	A	9,226	$0.00	A	79,396	D
Common Stock	Mar 2, 2018	M	1,856	$53.86	A	81,252	D
Common Stock	Mar 2, 2018	F	792	$126.29	D	80,460	D
Common Stock	Mar 2, 2018	M	29,309	$53.86	A	109,769	D
Common Stock	Mar 2, 2018	F	18,720	$126.29	D	91,049	D
Common Stock	Mar 3, 2018	F	935	$126.29	D	90,114	D
Common Stock^F9	holding	—	—		—	2,512	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
Incentive Stock Option (Right to Buy)^F10	$53.86	Mar 2, 2018	M	1,856	D	—	Mar 3, 2018	RNR Common Stock	1,856	0	D
Non-Qualified Stock Option (Right to Buy)^F10	$53.86	Mar 2, 2018	M	29,309	D	—	Mar 3, 2018	RNR Common Stock	29,309	0	D

Explanation of responses

F1Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on February 27, 2015.
F10Vested in four equal annual installments beginning on March 3, 2009.
F2Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on January 12, 2016.
F3Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on May 16, 2016.
F4Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2017.
F5Grant 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, 2019.
F6Grant 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, 2020, 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 (2018, 2019 or 2020), 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.
F7Relates to the exercise upon expiration of employee options granted to the reporting person on March 3, 2008.
F8Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 3, 2014.
F9Shares held by two separate trusts for the benefit of each of two minor children of the reporting person, which shares may be deemed to be beneficially owned by the reporting person.