SEC Form 4 · accession 0001183084-15-000192
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles E Adair
Director
Period of report
Aug 10, 2015
Accepted (ET)
Aug 10, 2015 · 5:39 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 | Aug 10, 2015 | M | 13,500 | $19.9512 | A | 28,507 | D | |
| Common StockF1,F2 | Aug 10, 2015 | S | 13,500 | $62.8892 | D | 15,007 | D | |
| Common Stock | holding | — | — | — | 0 | I | Not Applicable |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F3 | $19.9512 | Aug 10, 2015 | M | 13,500 | D | Jul 2, 2009 | Jan 2, 2016 | Common Stock | 13,500 | 0 | D |
Explanation of responses
- F1sales at prices ranging from $62.84 per share to $62.92 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 6,000 shares at an exercise price of $44.89 per share, but has been 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.