SEC Form 4 · accession 0001183084-16-000343
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
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 11:45 am 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 | Apr 28, 2016 | M | 18,750 | $37.40 | A | 40,685 | D | |
| Common StockF1,F2 | Apr 28, 2016 | S | 18,750 | $58.5107 | D | 21,935 | D | |
| Common StockF3 | holding | — | — | — | 8,216 | 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) | $37.40 | Apr 28, 2016 | M | 18,750 | D | Feb 27, 2016 | Feb 27, 2020 | Common Stock | 18,750 | 0 | D |
Explanation of responses
- F1sales at prices ranging from $58.39 per share to $58.70 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 using $58.02 per share.