SEC Form 4 · accession 0001567777-19-000002
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
Feb 19, 2018
Accepted (ET)
Feb 20, 2019 · 11:32 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 StockF1 | Feb 19, 2018 | M | 75 | $0.00 | A | 75 | D | |
| Class A Common StockF1 | Feb 19, 2018 | M | 75 | $309.71 | 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 | — | Feb 19, 2018 | M | 75 | D | Feb 17, 2018 | Feb 17, 2018 | Class A Common Stock | 75 | 0 | D |
Explanation of responses
- F1The Restricted Stock Units vested in full on February 17, 2019, and without any action or discretion by the Reporting Person she received a cash payment equal to the value of the shares on the transaction 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.