TODD C. LARSON - 06 Mar 2024 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Role
SEVP, Chief Financial Officer
Signature
/s/ William L. Hutton, by Power of Attorney
Issuer symbol
RGA
Transactions as of
06 Mar 2024
Net transactions value
+$78,813
Form type
4
Filing time
08 Mar 2024, 15:48:37 UTC
Previous filing
22 Jan 2024
Next filing
11 Mar 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 $179,400 +1,992 +4.1% $90.06 50,429 06 Mar 2024 Direct
transaction RGA Common Stock Sale $160,934 -880 -1.7% $182.88 49,549 06 Mar 2024 Direct F1
transaction RGA Common Stock Options Exercise $441,836 +4,724 +9.5% $93.53 54,273 06 Mar 2024 Direct
transaction RGA Common Stock Sale $381,488 -2,086 -3.8% $182.88 52,187 06 Mar 2024 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) 2015 Options Exercise $0 -3,926 -100% $0.000000* 0 06 Mar 2024 Common Stock 3,926 $90.06 Direct F3
transaction RGA Stock Appreciation Right (right to purchase) 2016 Options Exercise $0 -9,669 -100% $0.000000* 0 06 Mar 2024 Common Stock 9,669 $93.53 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 1,934 shares sold to pay the exercise price the purchase of common stock, and (ii) 880 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 1,112 shares.
F2 Represents (i) 4,945 shares sold to pay the exercise price the purchase of common stock, and (ii) 2,086 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 2,638 shares.
F3 SARs grants vest in 25% increments over four years, starting on December 31 of the year of grant.