SEC Form 4 · accession 0001183084-15-000055
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven John Dichiaro
Other
Period of report
Feb 11, 2015
Accepted (ET)
Feb 12, 2015 · 4:20 pm 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 11, 2015 | M | 5,000 | $30.3267 | A | 11,750 | D | |
| Common StockF2,F3 | Feb 11, 2015 | S | 5,000 | $53.3536 | D | 6,750 | D | |
| Common Stock | holding | — | — | — | 0 | 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)F4 | $30.3267 | May 6, 2014 | M | 5,000 | D | Jan 23, 2015 | Jan 23, 2019 | Common Stock | 5,000 | 10,000 | D |
Explanation of responses
- F1On July 1, 2014, Torchmark Corporation paid a 3-for-2 stock split in the form of a 50% stock dividend on its common stock, resulting in reporting person's ownership of 2250 additional common shares.
- F2sales at prices ranging from $53.35 per share to $53.36 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.
- F4Previously reported as option for 20,000 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.