Todd C. Larson - 11 May 2023 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Signature
William Hutton, by power of attorney
Issuer symbol
RGA
Transactions as of
11 May 2023
Transactions value $
$22,375
Form type
4
Filing time
15 May 2023, 13:06:29 UTC
Previous filing
13 Mar 2023
Next filing
18 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGA Common Stock Options Exercise $143K +1.83K +4.13% $78.48 46.1K 11 May 2023 Direct
transaction RGA Common Stock Tax liability -$121K -810 -1.76% $149.49 45.3K 11 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 -3.85K -100% $0.00* 0 11 May 2023 Common Stock 3.85K $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) 2,020 shares sold to pay the exercise price the purchase of common stock, and (ii) 810 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 1,018 shares.
F2 SARs grants vest in 25% increments over four years, starting on December 31 of the year of grant.