0001209191-15-016778.txt : 20150220
0001209191-15-016778.hdr.sgml : 20150220
20150220164855
ACCESSION NUMBER: 0001209191-15-016778
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150218
FILED AS OF DATE: 20150220
DATE AS OF CHANGE: 20150220
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RENAISSANCERE HOLDINGS LTD
CENTRAL INDEX KEY: 0000913144
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
IRS NUMBER: 980138020
STATE OF INCORPORATION: D0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: RENAISSANCE HOUSE
STREET 2: 12 CROW LANE
CITY: PEMBROKE
STATE: D0
ZIP: HM19
BUSINESS PHONE: 4412954513
MAIL ADDRESS:
STREET 1: RENAISSANCE HOUSE
STREET 2: 12 CROW LANE
CITY: PEMBROKE
STATE: D0
ZIP: HM19
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Todd Rider Fonner
CENTRAL INDEX KEY: 0001372220
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14428
FILM NUMBER: 15636344
MAIL ADDRESS:
STREET 1: RENAISSANCE HOUSE
STREET 2: 8-20 EAST BROADWAY
CITY: PEMBROKE
STATE: D0
ZIP: HM19
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-02-18
0
0000913144
RENAISSANCERE HOLDINGS LTD
RNR
0001372220
Todd Rider Fonner
RENAISSANCE HOUSE
12 CROW LANE
PEMBROKE
D0
HM 19
BERMUDA
0
1
0
0
SVP & CIO
Common Stock
2015-02-18
4
D
0
2515
103.44
D
47509
D
Common Stock
2015-02-18
4
D
0
2060
103.44
D
45449
D
Common Stock
2015-02-18
4
D
0
1897
103.44
D
43552
D
Represents cancellation of all of the shares originally comprising the third tranche of the March 1, 2012 grant as a result of the Issuer's Total Shareholder Return ("TSR") for the calendar year 2014 performance period relative to the members of a predetermined peer group reflecting the Committee's determinations of the performance criteria for that tranche. See remarks for additional detail.
Represents cancellation of all of the shares originally comprising the second tranche of the March 1, 2013 grant as a result of the Issuer's TSR for the calendar-year 2014 performance period relative to the members of a predetermined peer group reflecting the Committee's determination of the performance criteria for that tranche. See remarks for additional detail.
Represents cancellation of all of the shares originally comprising the first tranche of the March 3, 2014 grant as a result of the Issuer's TSR for the calendar-year 2014 performance period relative to the members of a predetermined peer group reflecting the Committee's determination of the performance criteria for that tranche. See remarks for additional detail.
On March 1, 2012, March 1, 2013, and March 3, 2014, the Reporting Person was granted performance-based restricted Common Shares of the Issuer ("Performance Shares") pursuant to the Issuer's 2010 Performance based Equity Incentive Plan, as amended (the "Plan"), subject to vesting upon the satisfaction of both time based service and performance-based vesting conditions. The number of Performance Shares initially granted to the Reporting Person represented the maximum number of Common Shares which could have vested to the Reporting Person upon the attainment of maximum performance criteria. As the minimum performance conditions were not met for the 2014 calendar year, each tranche of performance-based restricted Common Shares relating to this period are no longer eligible to be earned. Pursuant to the terms of the Plan, performance-based restricted Common Shares that are no longer eligible to be earned following the completion of an applicable time based service condition, as a result of the maximum performance conditions not being achieved, are cancelled at the time it is determined that the performance condition is not achieved. This Form reports (i) the cancellation in full of the third tranche of the 2012 grant as a result of the minimum performance not being achieved in respect of 2014, (ii) the cancellation in full of the second tranche of the 2013 grant as a result of the minimum performance not being achieved in respect of 2014 and (iii) the cancellation in full of the first tranche of the 2014 grant as a result of the minimum performance not being achieved in respect of 2014.
/S/ Stephen H. Weinstein, Attorney-in-Fact
2015-02-20