Company: GLRE
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001385613-25-000055
Chunk: 52

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 52
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 | N/A           |     |               |     |                                                                    | 187,500 |     |               | 250,000 |     |            |   437,500 |     |                                                                |     — |     |      — |     |      — |     |                                                                   |     — |     |                                                                      |       — |     |                                                |     — |     |                                                        |         — |
| David Sigmon    |     | 3/15/2024     |     | 2/26/2024     |     |                                                                    |       — |     |               |       — |     |            |         — |     |                                                                | 4,411 |     |  8,821 |     | 17,642 |     |                                                                   | 4,344 |     |                                                                      |       — |     |                                                |     — |     |                                                        |   250,000 |
|                 |     | N/A           |     |               |     |                                                                    | 105,000 |     |               | 210,000 |     |            |   315,000 |     |                                                                |     — |     |      — |     |      — |     |                                                                   |     — |     |                                                                      |       — |     |                                                |     — |     |                                                        |         — |

(1) The amounts reflect the NEO’s threshold, target and maximum amount of payouts under the Short-Term Incentive Plan as of the grant date of such awards. The actual amounts paid to our NEOs pursuant to the plan are set forth in the Summary Compensation Table above. For more information about the terms of the Short-Term Incentive Plan, please see the section of this Proxy Statement entitled “Compensation Discussion and Analysis — Bonuses.”

(2) The amounts reflect the restricted share units made pursuant to our 2023 stock incentive plan to each of Messrs. Romer, O’Brien, Curnock and Sigmon, vesting in substantially equal installments over three years on each January 1, 2025, January 1, 2026, and January 1, 2027.

(3) The amounts reflect the aggregate grant date fair value for each NEO’s restricted share unit awards granted in 2024, determined in accordance with FASB ASC Topic 718, “Compensation—Stock Compensation.” The values represent the achievement of the performance conditions at the target level of performance conditions. Assuming the highest level of performance achievement as