Shannon Lowry Bender - Mar 1, 2024 Form 4 Insider Report for RENAISSANCERE HOLDINGS LTD (RNR)

Role
EVP, General Counsel & Secty
Signature
/S/ Molly E. Gardner, Attorney-in-Fact
Stock symbol
RNR
Transactions as of
Mar 1, 2024
Transactions value $
-$134,010
Form type
4
Date filed
3/5/2024, 04:47 PM
Previous filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNR Common Stock Award $0 +2.35K +13.25% $0.00 20.1K Mar 1, 2024 Direct F1
transaction RNR Common Stock Award $0 +4.7K +23.4% $0.00 24.8K Mar 1, 2024 Direct F2
transaction RNR Common Stock Tax liability -$40.9K -183 -0.74% $223.35 24.6K Mar 1, 2024 Direct F3
transaction RNR Common Stock Tax liability -$45.6K -204 -0.83% $223.35 24.4K Mar 1, 2024 Direct F4
transaction RNR Common Stock Tax liability -$47.6K -213 -0.87% $223.35 24.2K Mar 1, 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted 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 in four equal annual installments beginning on March 1, 2025.
F2 Grant of performance-based restricted common shares of the Issuer pursuant to 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 book value per common share plus accumulated dividends and average underwriting expense ratio as compared to peers during the three-year performance period, and is subject to the reporting person's continued employment through the expiration of the service period.
F3 Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2021.
F4 Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2022.
F5 Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2023.