SEC Form 4 · accession 0001465657-17-000006
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
Apr 17, 2017
Accepted (ET)
Apr 18, 2017 · 12:59 pm EDT
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 StockF1 | Apr 17, 2017 | M | 233 | $0.00 | A | 233 | D | |
| Class A Common StockF1 | Apr 17, 2017 | M | 233 | $302.78 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Apr 17, 2017 | M | 233 | D | Apr 14, 2017 | Apr 14, 2026 | Class A Common Stock | 233 | 0 | D |
Explanation of responses
- F1The Restricted Stock Unit vested in full on April 17, 2017, and without any action or discretion by the Reporting Person he received a cash payment equal to the value of the shares on the vesting date.
- F2Each restricted stock unit represents a contingent right to receive, with no additional consideration payable, the cash value of one share of NWLI Class A common stock on the Date Exercisable.