SEC Form 4 · accession 0001183084-15-000132
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Frank Falvo
Other
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 7:47 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 Stock | Feb 27, 2015 | M | 11,250 | $37.40 | A | 11,445 | D | |
| Common StockF1,F2 | Feb 27, 2015 | S | 11,250 | $53.3116 | D | 195 | 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)F3 | $37.49 | Feb 27, 2015 | M | 11,250 | D | Feb 27, 2015 | Feb 27, 2020 | Common Stock | 11,250 | 11,250 | D |
Explanation of responses
- F1sales at prices ranging from $53.24 per share to $53.445 per share.
- F2Reporting 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.
- F3Previously reported as option for 15,000 shares at an exercise price of $56.10 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.