SEC Form 4 · accession 0001183084-16-000313
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Clay Majors
Officer — VP & Dir Investor Relations
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 2:43 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 | holding | — | — | — | 1,725 | 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)F1 | $50.64 | Feb 24, 2016 | A | 30,000 | A | — | Feb 24, 2023 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1First exercisable as to 50% of shares 2-24-18 and as to remaining 50% of shares 2-24-19.