Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RNR | Common Stock | Award | $0 | +69.4K | +23.46% | $0.00 | 365K | Nov 7, 2023 | Direct | F1 |
transaction | RNR | Common Stock | Award | $0 | +23.1K | +6.33% | $0.00 | 389K | Nov 7, 2023 | Direct | F2 |
holding | RNR | Common Stock | 1.08K | Nov 7, 2023 | by Partnership | F3 |
Id | Content |
---|---|
F1 | Grant of performance-based restricted common shares of the Issuer pursuant to the RenaissanceRe Holdings Ltd. First Amended and Restated 2016 Long Term Incentive Plan, as amended (the "2016 Plan"). These shares will vest following the expiration of the service period on December 31, 2026, subject to the satisfaction of service- and performance-based vesting conditions. The amount awarded represents the maximum potential achievable number of shares. The number of shares that ultimately vests is a function of the issuer's average growth in tangible book value per common share plus accumulated dividends during the four-year performance period, and is subject to the reporting person's continued employment through the expiration of the service period. |
F2 | Grant of performance-based restricted common shares of the Issuer pursuant to the 2016 Plan. These shares will vest in two installments of 50% each on November 15, 2027 and November 15, 2028, respectively, subject to the satisfaction of service- and performance-based vesting conditions. |
F3 | These securities are owned and controlled by a family limited partnership for the benefit of immediate family members of the reporting person and may be deemed to be beneficially owned by the reporting person. |