Lawrence S. Carson - 21 Dec 2022 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Role
EVP, GFS
Signature
/s/ William L.Hutton
Issuer symbol
RGA
Transactions as of
21 Dec 2022
Net transactions value
-$115,946
Form type
4
Filing time
23 Dec 2022, 11:36:11 UTC
Previous filing
24 Mar 2022
Next filing
23 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGA Common Stock Options Exercise $155,312 +1,979 +30% $78.48 8,685 21 Dec 2022 Direct
transaction RGA Common Stock Options Exercise $212,722 +2,362 +27% $90.06 11,047 21 Dec 2022 Direct
transaction RGA Common Stock Options Exercise $259,920 +2,779 +25% $93.53 13,826 21 Dec 2022 Direct
transaction RGA Common Stock Tax liability $193,234 -1,351 -9.8% $143.03 12,475 21 Dec 2022 Direct F1
transaction RGA Common Stock Tax liability $249,873 -1,747 -14% $143.03 10,728 21 Dec 2022 Direct F2
transaction RGA Common Stock Tax liability $300,792 -2,103 -20% $143.03 8,625 21 Dec 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RGA Stock Appreciation Right (right to purchase) 2014 Options Exercise $0 -1,979 -100% $0.000000* 0 21 Dec 2022 Common Stock 1,979 $78.48 Direct F4
transaction RGA Stock Appreciation Right (right to purchase) 2015 Options Exercise $0 -2,362 -100% $0.000000* 0 21 Dec 2022 Common Stock 2,362 $90.06 Direct F4
transaction RGA Stock Appreciation Right (right to purchase) 2016 Options Exercise $0 -2,779 -100% $0.000000* 0 21 Dec 2022 Common Stock 2,779 $93.53 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 628 shares of common stock upon the net exercise of 1,979 stock appreciation rights ("SARs"). A total of 1,351 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.
F2 The reporting person received 615 shares of common stock upon the net exercise of 2,362 stock appreciation rights ("SARs"). A total of 1,747 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.
F3 The reporting person received 676 shares of common stock upon the net exercise of 2,779 stock appreciation rights ("SARs"). A total of 2,103 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.
F4 Stock Appreciation Rights, settled in Common Stock and vested in four equal annual installments of 25%, on December 31 of the first four years after grant date.