SEC Form 4 · accession 0001183084-15-000053
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Brian Mitchell
Officer — EVP and General Counsel
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 9:28 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000320335
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2015 | M | 11,250 | $30.3267 | A | 27,117 | D | |
| Common StockF2,F3 | Feb 9, 2015 | S | 11,250 | $52.7104 | D | 15,867 | D | |
| Common StockF4 | holding | — | — | — | 7,463 | I | N/A |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $30.3267 | Feb 9, 2015 | M | 11,250 | D | Jan 23, 2015 | Jan 23, 2019 | Common Stock | 11,250 | 0 | D |
Explanation of responses
- F1Includes 35.63095 shares acquired through brokerage dividend reinvestment since date of last filing.
- F2sales at prices ranging from $52.66 per share to $52.79 per share.
- F3Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer.
- F4Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $53.01 per share.
- F5Previously reported as option for 7,500 shares at an exercise price of $45.49 per share, but was adjusted to reflect 3-for-2 stock split paid in the form of 50% stock dividend occuring on July 1, 2014.