SEC Form 4 · accession 0001183084-18-000166
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
Bill Leavell
Other
Period of report
Aug 29, 2018
Accepted (ET)
Aug 30, 2018 · 6:52 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 Stock | Aug 29, 2018 | M | 18,750 | $50.6934 | A | 18,750 | D | |
| Common StockF1,F2 | Aug 29, 2018 | S | 187,500 | $88.0965 | D | 0 | D | |
| Common StockF3 | holding | — | — | — | 26,950 | I | Family Trust | |
| Common StockF4 | holding | — | — | — | 4,534 | 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)F5 | $50.0965 | Aug 29, 2018 | M | 18,750 | D | Feb 24, 2017 | Feb 24, 2021 | Common Stock | 18,750 | 0 | D |
Explanation of responses
- F1sales at prices ranging from $87.97 per share to $88.39 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 126.512 shares acquired through Company's dividend reinvestment plan since date of last report.
- F4Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $88.12 per share.
- F5Previously reported as option for 25,000 shares at an exercise price of $76.04 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.