SEC Form 4 · accession 0001183084-17-000085
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carol A McCoy
Officer — VP, Assoc. Counsel & Corp. Sec
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 3:25 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 | Feb 21, 2017 | A | 1,066 | $0.00 | A | 95,340 | D | |
| Common Stock | Feb 21, 2017 | F | 297 | $77.26 | D | 95,043 | D | |
| Common StockF1 | holding | — | — | — | 17,072 | I | Thrift Plan Trust |
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)F2 | $77.26 | Feb 21, 2017 | A | 7,750 | A | — | Feb 21, 2027 | Common Stock | 7,750 | 7,750 | D |
Explanation of responses
- F1Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $77.26 per share.
- F2First exercisable as to 25% of shares 2/21/19, an additional 25% of shares 2/21/20, and additional 25% of shares 2/21/21 and 25% of shares 2/21/22.