SEC Form 4 · accession 0001183084-15-000169
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Spencer H Stone
Officer — Controller
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 12:59 pm EDT
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 | May 21, 2015 | M | 1,800 | $10.4445 | A | 43,148 | D | |
| Common Stock | May 21, 2015 | S | 800 | $58.0301 | D | 42,148 | D | |
| Common StockF1 | holding | — | — | — | 23,944 | I | Thrift Plan Trust | |
| Common Stock | holding | — | — | — | 25,650 | I | By Spouse |
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)F2 | $10.4445 | May 21, 2015 | M | 1,800 | D | Feb 26, 2012 | Feb 26, 2016 | Common Stock | 1,800 | 2,075 | D |
Explanation of responses
- F1Shares in unitized fund in employee benefit plan-estimated conversion of $ balance to shares using $57.87.
- F2Previously reported as option for 3,500 shares at an exercise price of $23.50 per share, but was adjusted to reflect 3-for-2 stock splits paid in the form of 50% stock dividends occuring on July 1, 2011 and July 1, 2014.