MATSON, TIMOTHY T 4
4 · REINSURANCE GROUP OF AMERICA INC · Filed Dec 14, 2017
Insider Transaction Report
Form 4
MATSON, TIMOTHY T
EVP, Chief Investment Officer
Transactions
- Disposition to Issuer
Common Stock
2017-12-12$160.36/sh−858$137,589→ 1,795 total - Exercise/Conversion
Stock Appreciation Right (right to purchase) 2016
2017-12-12−1,187→ 3,562 totalExercise: $93.53From: 2016-12-31Exp: 2026-03-04→ Common Stock (1,187 underlying) - Exercise/Conversion
Common Stock
2017-12-12$93.53/sh+1,187$111,020→ 2,653 total
Footnotes (1)
- [F1]Represents (i) 693 shares sold to pay the exercise price the purchase of common stock, and (ii) 165 shares withheld to satisfy Company tax withholding obligations. The difference between the number of SARs exercised (1187) and the number of shares withheld to pay exercise price and taxes (858) results in a net settlement of 329 shares.