SEC Form 4 · accession 0001183084-16-000462
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Domenico Bertini
Other
Period of report
Nov 17, 2016
Accepted (ET)
Nov 18, 2016 · 5:41 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 17, 2016 | M | 4,500 | $29.5912 | A | 4,500 | D | |
| Common StockF1,F2 | Nov 17, 2016 | S | 4,500 | $69.99 | 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 | $29.5912 | Nov 17, 2016 | M | 4,500 | D | Apr 28, 2016 | Apr 28, 2021 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1sales at prices ranging from $69.98 per share to $70.0450 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 2,000 shares at an exercise price of $65.75 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.