SEC Form 4 · accession 0001183084-18-000025
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Matthew Darden
Officer — EVP, Chief Strategy Officer
Period of report
Jan 4, 2018
Accepted (ET)
Jan 5, 2018 · 4:54 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 | Jan 4, 2018 | M | 16,500 | $53.61 | A | 16,500 | D | |
| Common StockF1,F2 | Jan 4, 2018 | S | 12,750 | $90.8938 | D | 3,750 | 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 | $53.61 | Jan 4, 2018 | M | 16,500 | D | Feb 25, 2018 | Feb 25, 2022 | Common Stock | 16,500 | 0 | D |
Explanation of responses
- F1sales at prices ranging from $90.80 per share to $91.03 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.
- F3First exercisable as to 50% of shares 2-25-17 and as to remaining 50% of shares 2-25-18.