X0206 3 2013-04-01 0 0000911421 PARTNERRE LTD PRE 0001311832 Desmet Laurie PARTNER REINSURANCE COMPANY OF THE U.S. ONE GREENWICH PLAZA GREENWICH CT 06830-6352 1 EVP & COO, PartnerRe Ltd Common Shares 16204 D Stock Appreciation Rights 61.20 2016-02-24 Common Shares 2500 D Stock Appreciation Rights 71.35 2017-02-23 Common Shares 10500 D Stock Appreciation Rights 77.92 2018-02-27 Common Shares 12000 D Stock Appreciation Rights 70.70 2018-08-06 Common Shares 10000 D Stock Appreciation Rights 61.90 2019-02-27 Common Shares 2763 D Stock Appreciation Rights 79.61 2011-02-26 2020-02-26 Common Shares 10200 D Stock Appreciation Rights 63.44 2013-03-01 2022-02-28 Common Shares 7500 D Stock Appreciation Rights 75.67 2013-07-02 2022-07-02 Common Shares 10000 D Of this amount 1,962 represents the "target" Performance Share Units award assuming target performance of 100%. The maximum equity award value is 150% of the "target" value which is equivalent to 2,943 shares and the minimum equity award value is 50% of the "target" value which is equivalent to 981 shares. The performance metric is the change in Tangible Book Value per Share over a three-year period. The Share-Settled Share Appreciation Rights (SARs) are exercisable 33% on the first and second anniversary of the date of grant and 34% on the third anniversary of the date of grant and are settled in shares. These SARs have all vested and are exercisable. Marc Wetherhill as Attorney-in-Fact for Laurie Desmet 2013-04-02