Partnerre (PREJF) Form 4 PARTNERRE / REMY SAUTTER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SAUTTER REMY

(Last) (First) (Middle)

RTL

22, RUE BAYARD

(Street)

PARIS I0 75008

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PARTNERRE LTD [ PRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	09/17/2015		M		5,282	A	$71.12	24,866	D
Common Shares	09/17/2015		S		3,030	D	$138.45	21,836	D
Common Shares	09/17/2015		S		200	D	$138.4535	21,636	D
Common Shares	09/17/2015		S		300	D	$138.455	21,336	D
Common Shares	09/17/2015		S		530	D	$138.46	20,806	D
Common Shares	09/17/2015		S		100	D	$138.461	20,706	D
Common Shares	09/17/2015		S		100	D	$138.465	20,606	D
Common Shares	09/17/2015		S		450	D	$138.47	20,156	D
Common Shares	09/17/2015		S		200	D	$138.48	19,956	D
Common Shares	09/17/2015		S		170	D	$138.49	19,786	D
Common Shares	09/17/2015		S		2	D	$138.5	19,784	D
Common Shares	09/17/2015		S		100	D	$138.51	19,684	D
Common Shares	09/17/2015		S		100	D	$138.52	19,584	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)(1)	$71.12	09/17/2015		M			5,282	06/15/2013	06/15/2022	Common Shares	5,282	$0	0	D

Explanation of Responses:

1. The trades reported on this Form 4 was effective pursuant to the Rule 10b5-1 trading plan by the reporting person on September 15, 2015.

	Marc Wetherhill as Attorney-in-Fact for Remy Sautter	09/18/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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