SEC Form 4 · accession 0001246360-19-000590
REINSURANCE GROUP OF AMERICA INC · RGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W. Hayden
Officer — SVP, Controller
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 3:28 pm EST
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 | Feb 12, 2019 | M | 4,387 | $58.77 | A | 15,120 | D | |
| Common StockF1 | Feb 12, 2019 | D | 2,590 | $144.24 | D | 12,530 | 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) 2013 | $58.77 | Feb 12, 2019 | M | 4,387 | D | Dec 31, 2013 | Feb 21, 2023 | Common Stock | 4,387 | 0 | D |
Explanation of responses
- F1Represents (i) 1787 shares sold to pay the exercise price the purchase of common stock, and (ii) 803 shares withheld to satisfy Company tax withholding obligations. The difference between the number of SARs exercised (4387) and the number of shares withheld to pay the exercise price and taxes (2590) results in a net settlement of 1797 shares.