SEC Form 4 · accession 0001567777-16-000008
National Western Life Group, Inc. · NWLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kitty Kennedy Nelson
Officer — NWLIC President & COO
Period of report
Dec 6, 2016
Accepted (ET)
Dec 8, 2016 · 5:09 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 6, 2016 | M | 500 | $255.13 | A | 500 | D | |
| Class A Common Stock | Dec 6, 2016 | F | 436 | $292.65 | D | 64 | D | |
| Class A Common Stock | Dec 6, 2016 | F | 18 | $292.65 | D | 46 | D | |
| Class A Common StockF1 | Dec 6, 2016 | S | 46 | $292.65 | 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 6, 2016 | M | 500 | D | Apr 18, 2011 | Apr 18, 2018 | Class A Common Stock | 500 | 0 | D |
Explanation of responses
- F1These options 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.