X0306 4 2016-03-18 1 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 2016-03-18 4 A 0 2315 0 A 39611 D Common Shares 2016-03-18 4 A 0 2781 0 A 42392 D Common Shares 2016-03-18 4 D 0 42392 137.50 D 0 D Stock Appreciation Rights 118.80 2016-03-18 4 D 0 16204 18.70 D 2016-02-17 2025-02-17 Common Shares 16204 0 D Stock Appreciation Rights 98.88 2016-03-18 4 D 0 19468 38.62 D 2015-02-28 2024-02-28 Common Shares 19468 0 D Stock Appreciation Rights 75.67 2016-03-18 4 D 0 10000 61.83 D 2013-07-02 2022-07-02 Common Shares 10000 0 D Stock Appreciation Rights 63.44 2016-03-18 4 D 0 7500 74.06 D 2013-03-01 2022-02-28 Common Shares 7500 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 61.90 2016-03-18 4 D 0 2763 75.60 D 2019-02-27 Common Shares 2763 0 D Stock Appreciation Rights 70.70 2016-03-18 4 D 0 10000 66.80 D 2018-08-06 Common Shares 10000 0 D Stock Appreciation Rights 77.92 2016-03-18 4 D 0 12000 59.58 D 2018-02-27 Common Shares 12000 0 D Stock Appreciation Rights 71.35 2016-03-18 4 D 0 10500 66.15 D 2017-02-23 Common Shares 10500 0 D Reflects performance adjustment to Performance Share Units granted on February 17, 2015. This award was previously reported on grant at target (4,630 shares) and settled at 150% (6,945 shares) on March 18, 2016. 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. Disposed of pursuant to the merger agreement between the issuer and EXOR in exchange for a cash payment of $5,828,900 (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 $303,015 (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 $751,854 (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 $618,300 (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 $555,450 (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 $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. 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. 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 $668,000 (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 $714,960 (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 $694,575 (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 Laurie Desmet 2016-03-22