SEC Form 4 · accession 0001553260-16-000004
National Western Life Group, Inc. · NWLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlos A Martinez
Officer — NWLIC Sr VP - Intl Mktg
Period of report
Dec 15, 2016
Accepted (ET)
Dec 16, 2016 · 4:12 pm 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 15, 2016 | M | 500 | $255.13 | A | 500 | D | |
| Class A Common Stock | Dec 15, 2016 | F | 416 | $306.81 | D | 84 | D | |
| Class A Common Stock | Dec 15, 2016 | F | 21 | $306.81 | D | 63 | D | |
| Class A Common StockF1 | Dec 15, 2016 | S | 63 | $306.81 | D | 0 | D | |
| Class A Common Stock | Dec 15, 2016 | M | 500 | $114.64 | A | 500 | D | |
| Class A Common Stock | Dec 15, 2016 | D | 500 | $306.81 | D | 0 | D | |
| Class A Common Stock | Dec 15, 2016 | M | 300 | $132.56 | A | 300 | D | |
| Class A Common Stock | Dec 15, 2016 | D | 300 | $306.81 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionsF2 | $255.13 | Dec 15, 2016 | M | 500 | D | Apr 18, 2011 | Apr 18, 2018 | Class A Common Stock | 500 | 0 | D |
| Stock Appreciation RightsF3 | $114.64 | Dec 15, 2016 | M | 500 | D | Feb 19, 2012 | Feb 19, 2019 | Class A Common Stock | 500 | 0 | D |
| Stock Appreciation RightsF3 | $132.56 | Dec 15, 2016 | M | 300 | D | Dec 14, 2014 | Dec 14, 2021 | Class A Common Stock | 300 | 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.