JONATHAN PORTER - 09 May 2023 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Signature
William L. Hutton
Issuer symbol
RGA
Transactions as of
09 May 2023
Net transactions value
-$63,038
Form type
4
Filing time
11 May 2023, 16:59:30 UTC
Previous filing
13 Mar 2023
Next filing
22 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGA Common Stock Options Exercise $0 +708 +13% $0.000000 6,244 09 May 2023 Direct
transaction RGA Common Stock Tax liability $63,038 -427 -6.8% $147.63 5,817 09 May 2023 Direct F1

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 -1,511 -100% $0.000000* 0 09 May 2023 Common Stock 1,511 $78.48 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 281 shares of common stock upon the net exercise of 708 stock appreciation rights ("SARs"). A total of 427 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 SARs grants vest in 25% increments over four years, starting on December 31 of the year of grant.