Meryl D. Hartzband - Jul 3, 2023 Form 4 Insider Report for EVEREST RE GROUP LTD (EG)

Role
Director
Signature
/s/ MARK KOCIANCIC
Stock symbol
EG
Transactions as of
Jul 3, 2023
Transactions value $
$31,204
Form type
4
Date filed
7/6/2023, 02:42 PM
Previous filing
Apr 5, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EG Common Shares Award $31.2K +92 +1.06% $339.18 8.77K Jul 3, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares paid as compensation under the 2003 Non-Employee Director Plan to non-employee director in a transaction completed under Rule 16b-3. The reporting person elected to receive his quarterly retainer fee in the form of Common Shares having a fair market value equal to the retainer fee that would otherwise be paid in cash.