REINSURANCE GROUP OF AMERICA INC 4
4 · REINSURANCE GROUP OF AMERICA INC · Filed Aug 11, 2016
Insider Transaction Report
Form 4
LAY JACK B
Senior EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2016-08-09$59.74/sh+12,489$746,093→ 67,352 total - Disposition to Issuer
Common Stock
2016-08-09$101.86/sh−9,633$981,217→ 33,976 total - Exercise/Conversion
Stock Appreciation Right (right to purchase) 2011
2016-08-09−12,489→ 0 totalExercise: $59.74From: 2015-02-22Exp: 2021-02-22→ Common Stock (12,489 underlying) - Exercise/Conversion
Stock Option (right to purchase) 2010
2016-08-09−13,743→ 0 totalExercise: $47.10From: 2011-02-19Exp: 2020-02-19→ Common Stock (13,743 underlying) - Exercise/Conversion
Common Stock
2016-08-09$47.10/sh+13,743$647,295→ 54,863 total - Sale
Common Stock
2016-08-09$100.80/sh−23,743$2,393,294→ 43,609 total
Footnotes (2)
- [F1]Price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $100.48 to $101.03. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
- [F2]Represents (i) 7,325 shares sold to pay the exercise price the purchase of common stock, and (ii) 2,308 shares withheld to satisfy Company tax withholding obligations. The difference between the number of SARs exercised (12,489) and the number of shares withheld to pay exercise price and taxes (9,633) results in a net settlement of 2856 shares.