Robert Qutub - Mar 18, 2024 Form 4 Insider Report for RENAISSANCERE HOLDINGS LTD (RNR)

Role: EVP, Chief Financial Officer
Signature: /S/ Molly E. Gardner, Attorney-in-Fact
Stock symbol: RNR
Transactions as of: Mar 18, 2024
Transactions value $: -$727,151
Form type: 4
Date filed: 3/20/2024, 04:51 PM
Previous filing: Mar 5, 2024
Next filing: Jul 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RNR	Common Stock	Disposed to Issuer	$0	-439	-0.55%	$0.00	79.5K	Mar 18, 2024	Direct	F1
transaction	RNR	Common Stock	Tax liability	-$727K	-3.09K	-3.89%	$235.40	76.4K	Mar 18, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the forfeiture of a portion of performance-based restricted shares granted to the reporting person on March 1, 2021 pursuant to the issuer's First Amended and Restated 2016 Long Term Incentive Plan, as amended. The award vested following the expiration of the performance period on December 31, 2023, subject to satisfaction of service- and performance-based conditions. The amount initially awarded represented the maximum achievable number of shares. The number of shares that ultimately vested was 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, as determined by the Corporate Governance and Human Capital Management Committee. Shares that were no longer eligible to vest following the release of peer results and the Committee's determination of performance were forfeited.
F2	Shares withheld for payment of withholding taxes upon the vesting of performance-based restricted shares granted to the reporting person on March 1, 2021.

Content

Represents the forfeiture of a portion of performance-based restricted shares granted to the reporting person on March 1, 2021 pursuant to the issuer's First Amended and Restated 2016 Long Term Incentive Plan, as amended. The award vested following the expiration of the performance period on December 31, 2023, subject to satisfaction of service- and performance-based conditions. The amount initially awarded represented the maximum achievable number of shares. The number of shares that ultimately vested was 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, as determined by the Corporate Governance and Human Capital Management Committee. Shares that were no longer eligible to vest following the release of peer results and the Committee's determination of performance were forfeited.

Shares withheld for payment of withholding taxes upon the vesting of performance-based restricted shares granted to the reporting person on March 1, 2021.