Company: GLRE
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001385613-25-000055
Chunk: 76

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 76
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 outstanding options, warrants and rights 
 (a)                                                                                         |           |     |    |     | Weighted-average exercise price of outstanding options, warrants and rights 
 (b)                                                                         |       |     | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) 
 (c)                                                                                                                                         |           |     |    |
|:-----------------------------------------------------------|:----|:--------------------------------------------------------------------------------------------|----------:|:----|---:|:----|:----------------------------------------------------------------------------|------:|:----|:--------------------------------------------------------------------------------------------------------------------------------------------|----------:|:----|---:|
| Equity compensation plans approved by security holders     |     |                                                                                             | 1,423,679 |     | -1 |     | $                                                                           | 11.32 |     |                                                                                                                                             | 2,834,519 |     | -2 |
| Equity compensation plans not approved by security holders |     |                                                                                             |         — |     |    |     |                                                                             |     — |     |                                                                                                                                             |         — |     |    |
| Total                                                      |     |                                                                                             | 1,423,679 |     | -1 |     | $                                                                           | 11.32 |     |                                                                                                                                             | 2,834,519 |     | -2 |

(1) Includes 1,423,679 ordinary shares issuable upon the exercise of options and RSUs that were outstanding under the 2023 Incentive Plan as of December 31, 2024.

(2) Subject to adjustment for changes in capitalization and similar events, the aggregate number of ordinary shares that are available to be delivered pursuant to awards granted under the 2023 stock incentive plan is equal to the sum of (i) 2,000,000 shares and (ii) any shares that remained or otherwise become available under the 2023 stock incentive plan as of July 25, 2023 which was 1,362,165 shares.

Compensation Committee Interlocks and Insider Participation

The individuals who served as members of the Compensation Committee during the year ended December 31, 2024 were Ms. Foley and Messrs. Isaacs and Platt, each of whom the Board of Directors deemed to be independent in accordance with the director independence standards of the Nasdaq stock market rules. No member of the Compensation Committee was, during 2024, or had previously been, an executive officer or employee of the Company or had any relationships requiring disclosure by the Company under the SEC’s