SEC Form 4 · accession 0001183084-16-000409

GLOBE LIFE INC. · GL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP and Chief Admin. Officer

Period of report

Aug 5, 2016

Accepted (ET)

Aug 8, 2016 · 10:41 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	Aug 5, 2016	M	50,625	$29.5912	A	85,630	D
Common Stock	Aug 5, 2016	M	37,500	$30.3267	A	123,130	D
Common Stock^F1,F2	Aug 5, 2016	S	88,125	$61.8714	D	35,005	D
Common Stock	holding	—	—		—	51,918	I	Reporting Person's Living Trust
Common Stock	holding	—	—		—	51,918	I	Spouse's Living Trust
Common Stock^F3	holding	—	—		—	42,037	I	Thrift Plan Trust

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	$29.5912	Aug 5, 2016	M	50,625	D	Apr 28, 2014	Apr 28, 2018	Common Stock	50,625	0	D
Employee Stock Option (Right to Buy)^F5	$30.3267	Aug 5, 2016	M	37,500	D	Jan 23, 2015	Jan 23, 2019	Common Stock	37,500	37,500	D

F1sales at prices ranging from $61.72 per share to $62.11 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 $62.11 per share.
F4Previously reported as option for 45,000 shares at an exercise price of $66.58 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.
F5Previously reported as option for 50,000 shares at an exercise price of $45.49 per share, but was adjusted to reflect 3-for-2 stock split paid in the form of 50% stock dividend occuring on July 1, 2014.