RONALD HERRMANN - 07 Nov 2023 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Role
EVP
Signature
/s/ William L. Hutton, by Power of Attorney
Issuer symbol
RGA
Transactions as of
07 Nov 2023
Net transactions value
+$44,365
Form type
4
Filing time
09 Nov 2023, 11:43:22 UTC
Previous filing
13 Mar 2023
Next filing
14 Nov 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 $55,861 +433 $129.01 433 07 Nov 2023 Direct
transaction RGA Common Stock Tax liability $29,770 -192 -44% $155.05 241 07 Nov 2023 Direct F1
transaction RGA Common Stock Options Exercise $51,454 +483 +200% $106.53 724 07 Nov 2023 Direct
transaction RGA Common Stock Tax liability $33,181 -214 -30% $155.05 510 07 Nov 2023 Direct F2

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) 2021 Options Exercise $0 -2,576 -50% $0.000000 2,577 07 Nov 2023 Common Stock 2,576 $129.01 Direct F3
transaction RGA Stock Appreciation Right (right to purchase) 2022 Options Exercise $0 -1,546 -25% $0.000000 4,641 07 Nov 2023 Common Stock 1,546 $106.53 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 2,143 shares sold to pay the exercise price the purchase of common stock, and (ii) 192 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 241 shares.
F2 Represents (i) 1,063 shares sold to pay the exercise price the purchase of common stock, and (ii) 214 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 269 shares.
F3 SARs grants vest in 25% increments over four years, starting on December 31 of the year of grant.