SEC Form 4 · accession 0001183084-16-000315
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Brian Mitchell
Officer — EVP and General Counsel
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 2:48 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 StockF1 | Feb 24, 2016 | A | 8,155 | $0.00 | A | 24,166 | D | |
| Common Stock | Feb 24, 2016 | F | 2,231 | $50.64 | D | 21,935 | D | |
| Common StockF2 | holding | — | — | — | 8,096 | 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 | $50.64 | Feb 24, 2016 | A | 38,000 | A | — | Feb 24, 2023 | Common Stock | 38,000 | 38,000 | D |
Explanation of responses
- F1Includes 38.4042 shares acquired through brokerage dividend reinvestment plan since date of last report.
- F2Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $50.64 per share.
- F3First exercisable as to 50% of shares 2-24-18 and as to remaining 50% of shares 2-24-19.