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