X0306 4 2015-02-05 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 2015-02-05 4 M 0 704 0 A 30126 D Stock Appreciation Rights 61.20 2015-02-05 4 M 0 2500 0 D 2016-02-24 Common Shares 2500 0 D Share-Settled Share Appreciation Rights (SARs) will vest 33% on the first and second anniversary of the date of grant and 34% on the third anniversary of the date of grant and will be settled in shares. Marc Wetherhill as Attorney-in-Fact for Laurie Desmet 2015-02-06