Ross Curtis - Feb 4, 2022 Form 4 Insider Report for RENAISSANCERE HOLDINGS LTD (RNR)

Signature
/S/ Molly E. Gardner, Attorney-in-Fact
Stock symbol
RNR
Transactions as of
Feb 4, 2022
Transactions value $
$0
Form type
4
Date filed
2/7/2022, 04:40 PM
Previous filing
Nov 1, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNR Common Stock Disposed to Issuer $0 -2.43K -1.86% $0.00 128K Feb 4, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award consisted of three substantially equal tranches and the amount initially awarded represented the maximum potential achievable number of shares. The number of shares in each tranche that ultimately vested at the expiration of the applicable service period was a function of the Issuer's growth in tangible book value per common share plus accumulated dividends during a given calendar year performance period, and was subject to the reporting person's continued employment through the expiration of the applicable service period. Shares that were no longer eligible to vest following the Compensation Committee's determination of total shareholder return for a performance period were immediately forfeited.
F2 Represents the forfeiture, following the Compensation Committee's determination of growth in tangible book value per common share plus accumulated dividends for 2021, of the full amount of the third tranche of performance-based restricted shares granted to the reporting person on March 1, 2019 pursuant to the Issuer's 2016 Long-Term Incentive Plan.