Company: GLRE
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001385613-25-000055
Chunk: 49

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 49
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000 |     |                 — |     |                                       52,500 |     |                       10,610 |     |   777,110 |
| David Sigmon,              General Counsel, Chief Compliance Officer & Corporate Secretary(7) |     | 2024 |     |        | 420,000 |     |      55,000 |     |            156,000 |     |                 — |     |                                      105,000 |     |                       40,207 |     |   776,207 |
|                                                                                               |     | 2023 |     |        | 263,250 |     |           — |     |            250,000 |     |                 — |     |                                      125,970 |     |                      191,583 |     |   830,803 |

(1) Bonus payments in this column for 2024 represent discretionary payments approved by the Compensation Committee in March 2025 to Messrs. Romer, O’Brien, Curnock and Sigmon.

(2) All stock awards in 2023 and 2022 were granted under our Prior Incentive Plan. The value reported above in the “Stock Awards” column is the aggregate grant date fair value for each NEO’s award determined in accordance with FASB ASC Topic 718, “Compensation—Stock Compensation.” Assumptions used in the calculation of these amounts are included in Note 2 of the Notes to Consolidated Financial Statements in our Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The values reported for Messrs. Romer, O’Brien, Curnock, and Sigmon represent restricted share or restricted share unit awards, as applicable. The 2024 RSUs are discussed under “Compensation Discussion and Analysis—Stock Incentive Plan Awards” above. For the stock awards granted in 2024, the values represent the achievement of the performance conditions at the target level of performance conditions. Assuming the highest level of performance achievement as of the grant date, the aggregate grant date value of the awards for Messrs. Romer, O’Brien, Curnock and Sigmon, would have been $520,289, $509,081, 526,050 and $260,520, respectively. As a result, they do not necessarily represent the actual value that the recipient will receive from the award. In 2023, for Mr. Sigmon, his award reflects a one-time