SEC Form 4 · accession 0001183084-18-000154
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Brian Mitchell
Officer — EVP, General Counsel and CRO
Period of report
Aug 23, 2018
Accepted (ET)
Aug 24, 2018 · 5:46 pm EDT
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 StockF3 | Aug 23, 2018 | M | 26,000 | $53.61 | A | 57,231 | D | |
| Common Stock | Aug 23, 2018 | M | 19,000 | $50.64 | A | 76,231 | D | |
| Common StockF1,F2 | Aug 23, 2018 | S | 45,000 | $87.8355 | D | 31,231 | D | |
| Common StockF4 | holding | — | — | — | 8,982 | 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) | $53.61 | Aug 23, 2018 | M | 26,000 | D | Feb 25, 2018 | Feb 25, 2022 | Common Stock | 26,000 | 12,000 | D |
| Employee Stock Option (Right to Buy) | $50.64 | Aug 23, 2018 | M | 19,000 | D | Feb 24, 2018 | Feb 24, 2023 | Common Stock | 19,000 | 19,000 | D |
Explanation of responses
- F1sales at prices ranging from $87.65 per share to $88.09 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.
- F3Includes 157.0653 shares acquired through brokerage dividend reinvestment plan since date of last report.
- F4Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $87.93 per share.