John W. Hayden - 10 May 2023 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Role
EVP, Controller
Signature
William L. Hutton
Issuer symbol
RGA
Transactions as of
10 May 2023
Net transactions value
-$69,885
Form type
4
Filing time
12 May 2023, 14:46:59 UTC
Previous filing
13 Mar 2023
Next filing
22 Jan 2024
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 $78,794 +1,004 +6.5% $78.48 16,486 10 May 2023 Direct
transaction RGA Common Stock Tax liability $48,354 -328 -2% $147.42 16,158 10 May 2023 Direct F1
transaction RGA Common Stock Sale $100,325 -676 -4.2% $148.41 15,482 10 May 2023 Direct

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 -2,147 -100% $0.000000* 0 10 May 2023 Common Stock 2,147 $78.48 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 1,143 shares sold to pay the exercise price the purchase of common stock, and (ii) 328 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 676 shares.
F2 SARs grants vest in 25% increments over four years, starting on December 31 of the year of grant.