SEC Form 4 · accession 0001246360-17-002236
REINSURANCE GROUP OF AMERICA INC · RGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy T Matson
Officer — EVP, Chief Investment Officer
Period of report
Jun 21, 2017
Accepted (ET)
Jun 23, 2017 · 3:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000898174
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 21, 2017 | M | 1,819 | $90.06 | A | 2,430 | D | |
| Common StockF1 | Jun 21, 2017 | P | 500 | $127.39 | A | 2,930 | D | |
| Common StockF2 | Jun 21, 2017 | D | 1,464 | $127.40 | D | 1,466 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right (right to purchase) 2015 | $90.06 | Jun 21, 2017 | M | 1,819 | D | Dec 31, 2015 | Mar 6, 2025 | Common Stock | 1,819 | 2,019 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $127.36 to $127.46, inclusive. The reporting person undertakes to provide to Reinsurance Group of America, Incorporated, any security holder of Reinsurance Group of America, Incorporated, or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Represents (i) 1286 shares sold to pay the exercise price the purchase of common stock, and (ii) 178 shares withheld to satisfy Company tax withholding obligations. The difference between the number of SARs exercised (1819) and the number of shares withheld to pay exercise price and taxes (1464) results in a net settlement of 355 shares.