SEC Form 4 · accession 0001183084-16-000456
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Nov 14, 2016
Accepted (ET)
Nov 14, 2016 · 5:37 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 | Nov 14, 2016 | M | 1,875 | $50.6934 | A | 1,875 | D | |
| Common StockF1,F2 | Nov 14, 2016 | S | 1,875 | $71.1287 | D | 0 | 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)F3 | $50.6934 | Nov 14, 2016 | M | 1,875 | D | Feb 24, 2016 | Feb 24, 2024 | Common Stock | 1,875 | 5,625 | D |
Explanation of responses
- F1sales at prices ranging from $71.015 per share to $71.26 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.
- F3Previously reported as option for 5,000shares at an exercise price of $74.06 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.