SEC Form 4 · accession 0001637378-18-000002
National Western Life Group, Inc. · NWLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rey Perez Jr.
Officer — Sr VP - CLO & Secretary
Period of report
Dec 12, 2018
Accepted (ET)
Dec 14, 2018 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001635984
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 12, 2018 | A | 94 | A | Dec 13, 2021 | Dec 13, 2021 | Class A Common Stock | 94 | 94 | D |
| Stock Appreciation RightsF3 | $303.77 | Dec 12, 2018 | A | 375 | A | Dec 12, 2019 | Dec 12, 2028 | Class A Common Stock | 375 | 375 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive the cash value of one share of NWLI Class A common stock on the Date Exercisable.
- F2The restricted stock units have a three year cliff vesting schedule that begins on the grant date. The restricted stock units will vest 100% on the third anniversary from the grant date.
- F3The SARs are exercisable as they vest. The SARs vest in three equal annual installments beginning on the Date Exercisable.