SEC Form 4 · accession 0001465657-17-000002
National Western Life Group, Inc. · NWLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles D Milos
Officer — NWLIC Sr VP - Loans & Real Est · Director
Period of report
Dec 30, 2016
Accepted (ET)
Jan 3, 2017 · 11:25 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001635984
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Dec 30, 2016 | M | 1,000 | $208.05 | A | 7,834 | D | |
| Class A Common Stock | Dec 30, 2016 | M | 1,000 | $255.13 | A | 8,834 | D | |
| Class A Common Stock | Dec 30, 2016 | M | 2,000 | $114.64 | A | 10,834 | D | |
| Class A Common Stock | Dec 30, 2016 | M | 1,600 | $132.56 | A | 12,434 | D | |
| Class A Common Stock | Dec 30, 2016 | M | 800 | $210.22 | A | 13,234 | D | |
| Class A Common Stock | Dec 30, 2016 | F | 1,490 | $310.80 | D | 11,744 | D | |
| Class A Common Stock | Dec 30, 2016 | F | 153 | $310.80 | D | 11,591 | D | |
| Class A Common StockF1 | Dec 30, 2016 | S | 357 | $310.80 | D | 11,234 | D | |
| Class A Common Stock | Dec 30, 2016 | D | 4,400 | $310.80 | D | 6,834 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionsF2 | $208.05 | Dec 30, 2016 | M | 1,000 | D | Jun 20, 2009 | Jun 20, 2018 | Class A Common Stock | 1,000 | 0 | D |
| Non-Qualified Stock OptionsF2 | $255.13 | Dec 30, 2016 | M | 1,000 | D | Apr 18, 2011 | Apr 18, 2018 | Class A Common Stock | 1,000 | 0 | D |
| Stock Appreciation RightsF3 | $114.64 | Dec 30, 2016 | M | 1,000 | D | Feb 19, 2012 | Feb 19, 2019 | Class A Common Stock | 1,000 | 0 | D |
| Stock Appreciation RightsF3 | $114.64 | Dec 30, 2016 | M | 1,000 | D | Feb 19, 2010 | Feb 19, 2019 | Class A Common Stock | 1,000 | 0 | D |
| Stock Appreciation RightsF3 | $132.56 | Dec 30, 2016 | M | 600 | D | Dec 14, 2014 | Dec 14, 2021 | Class A Common Stock | 600 | 0 | D |
| Stock Appreciation RightsF3 | $132.56 | Dec 30, 2016 | M | 1,000 | D | Dec 14, 2012 | Dec 14, 2021 | Class A Common Stock | 1,000 | 0 | D |
| Stock Appreciation Rights | $210.22 | Dec 30, 2016 | M | 200 | D | Dec 11, 2016 | Dec 11, 2023 | Class A Common Stock | 200 | 0 | D |
| Stock Appreciation RightsF3 | $210.22 | Dec 30, 2016 | M | 600 | D | Dec 11, 2014 | Dec 11, 2023 | Class A Common Stock | 600 | 0 | D |
Explanation of responses
- F1These shares were sold by the reporting person to the registrant pursuant to the registrant's share repurchase program.
- F2The options are exercisable as they vest. The options vest in five equal annual installments beginning on the Date Exercisable.
- F3The SARs are exercisable as they vest. The SARs vest in five equal annual installments beginning on the Date Exercisable.