SEC Form 4 · accession 0001183084-15-000175
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arvelia Bowie
Officer — VP & Dir. of Human Resources
Period of report
Jun 23, 2015
Accepted (ET)
Jun 23, 2015 · 5:34 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 | Jun 23, 2015 | M | 5,000 | $10.4445 | A | 5,000 | D | |
| Common StockF1,F2 | Jun 23, 2015 | S | 5,000 | $59.0976 | D | 0 | D | |
| Common StockF3 | holding | — | — | — | 487 | I | Thrift Plan Trust |
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 | $10.4445 | Jun 23, 2015 | M | 5,000 | D | Feb 26, 2012 | Feb 26, 2016 | Common Stock | 5,000 | 5,875 | D |
Explanation of responses
- F1sales at prices ranging from $59.0501 per share to $59.1401 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.
- F3Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $59.03 per share.
- F4Previously reported as option for 5500 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, 2014 and July 1, 2011.