X0306 4 2016-03-18 1 0000911421 PARTNERRE LTD PRE 0001395599 Babcock William WELLESLEY HOUSE 90 PITTS BAY ROAD PEMBROKE D0 1 EVP & CFO, PartnerRe Ltd. Common Shares 2016-03-18 4 A 0 2781 0 A 37382 D Common Shares 2016-03-18 4 A 0 2026 0 A 39408 D Common Shares 2016-03-18 4 D 0 39408 137.50 D 0 D Stock Appreciation Rights 69.50 2016-03-18 4 D 0 9375 68.00 D 2009-08-04 2018-08-04 Common Shares 9375 0 D Stock Appreciation Rights 61.90 2016-03-18 4 D 0 2763 75.60 D 2010-02-27 2019-02-27 Common Shares 2763 0 D Stock Appreciation Rights 79.61 2016-03-18 4 D 0 10200 57.89 D 2011-02-26 2020-02-26 Common Shares 10200 0 D Stock Appreciation Rights 80.45 2016-03-18 4 D 0 12500 57.05 D 2011-10-01 2020-10-01 Common Shares 12500 0 D Stock Appreciation Rights 81.94 2016-03-18 4 D 0 14395 55.56 D 2012-02-17 2021-02-17 Common Shares 14395 0 D Stock Appreciation Rights 63.44 2016-03-18 4 D 0 28500 74.06 D 2013-03-01 2022-02-28 Common Shares 28500 0 D Stock Appreciation Rights 89.20 2016-03-18 4 D 0 19619 48.30 D 2014-03-01 2023-03-01 Common Shares 19619 0 D Stock Appreciation Rights 98.88 2016-03-18 4 D 0 29202 38.62 D 2015-02-28 2024-02-28 Common Shares 29202 0 D Stock Appreciation Rights 118.80 2016-03-18 4 D 0 24306 18.70 D 2016-02-17 2025-02-17 Common Shares 24306 0 D Reflects performance adjustment to Performance Share Units granted on February 28, 2014. This award was previously reported on grant at target (5,562 shares) and settled at 150% (8,343 shares) on March 18, 2016. Reflects performance adjustment to Performance Share Units granted on February 17, 2015. This award was previously reported on grant at target (4,051 shares) and settled at 150% (6,077 shares) on March 18, 2016. Disposed of pursuant to the merger agreement between the issuer and EXOR in exchange for a cash payment of $5,418,600 (less applicable tax withholding) on the effective date of the merger and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $637,500 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $208,883 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $590,478 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $713,125 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $799,786 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $2,110,710 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $947,598 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $1,127,781 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. These Share-Settled Share Appreciation Rights (SARs), which provided for a three year ratable vest, were cancelled as a result of the merger with EXOR in exchange for a cash payment of $454,522 (less applicable tax withholding), representing the difference between the exercise price of the SAR and the merger consideration of $137.50 per share and pursuant to the requirement of Rule 16b-3 of the Exchange Act. Marc Wetherhill as Attorney-in-Fact for William Babcock 2016-03-22