Qutub Robert 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Mar 12, 2025
Insider Transaction Report
Form 4
Qutub Robert
EVP, Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2025-03-11$239.41/sh−3,719$890,366→ 78,023 total - Disposition to Issuer
Common Stock
2025-03-11−1,117→ 81,742 total
Footnotes (2)
- [F1]Represents the forfeiture of a portion of performance-based restricted shares granted to the reporting person on March 1, 2022 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, 2024, 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, 2022.