SEC Form 4 · accession 0001183084-17-000104
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ben Lutek
Officer — Exec. VP & Chief Actuary
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 5:06 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 24, 2017 | M | 30,000 | $30.3267 | A | 34,300 | D | |
| Common StockF1,F2 | Feb 24, 2017 | S | 30,000 | $77.0831 | D | 4,300 | 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 | $30.3267 | Feb 24, 2017 | M | 30,000 | D | Jan 23, 2015 | Jan 23, 2019 | Common Stock | 30,000 | 26,250 | D |
Explanation of responses
- F1Reporting 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.
- F2sales at prices ranging from $76.89 per share to $77.55 per share.
- F3Previously reported as option for 37,500 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.