SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Pestcoe Marvin

(Last)

(First)

(Middle)

PARTNERRE CAPITAL MARKETS CORP

ONE GREENWICH PLAZA

(Street)

GREENWICH

06830-6352

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PARTNERRE LTD [ PRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO of Capital Markets Group

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	02/25/2013		M		153	A	$62.7	21,322	D
Common Shares	02/25/2013		S		153	D	$88.3413	21,169	D
Common Shares	02/25/2013		M		3,347	A	$62.7	24,516	D
Common Shares	02/25/2013		M		8,000	A	$62.7	32,516	D
Common Shares	02/25/2013		S		1,600	D	$88.39	30,916	D
Common Shares	02/25/2013		S		100	D	$88.3901	30,816	D
Common Shares	02/25/2013		S		6,200	D	$88.393	24,616	D
Common Shares	02/25/2013		S		100	D	$88.4	24,516	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-qualified Stock Option (Right to Buy)	$62.7	02/25/2013		M			153	⁽¹⁾	02/24/2015	Common Shares	153	$0	3,347	D
Non-qualified Stock Option (Right to Buy)	$62.7	02/25/2013		M			3,347	⁽¹⁾	02/24/2015	Common Shares	3,347	$0	0	D
Non-qualified Stock Option (Right to Buy)	$62.7	02/25/2013		M			8,000	⁽¹⁾	02/24/2015	Common Shares	8,000	$0	0	D

Explanation of Responses:

1. The Options are exercisable 33% on the first and second anniversary of the grant date and 34% on the third anniversary of the date of the grant. These Options have all vested and are exercisable.

	Marc Wetherhill as Attorney-in-Fact for Marvin Pestcoe	02/26/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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