SEC Form 4 · accession 0001183084-16-000454
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melissa Jane Buchan
Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 14, 2016 · 1:38 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 | Nov 14, 2016 | M | 13,500 | $19.8934 | A | 78,060 | D | |
| Common StrockF2,F3 | Nov 14, 2016 | S | 3,825 | $71.1164 | D | 74,235 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F4 | $19.8934 | Nov 14, 2016 | M | 13,500 | D | Jul 4, 2011 | Jan 4, 2017 | Common Stock | 13,500 | 0 | D |
Explanation of responses
- F1Includes 242.9893 shares acquired through brokerage dividend reinvestment plan since date of last report.
- F2sales at prices ranging from $71.015 per share to $71.29 per share.
- F3Reporting 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.
- F4Previously reported as option for 6,000 shares at an exercise price of $44.76 per share, but was adjusted to reflect 3-for-2 stock splits paid in the form of 50% stock dividend occuring on July 1, 2011 and July 1, 2014.