SEC Form 4 · accession 0001183084-19-000083
GLOBE LIFE INC. · GL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bill Leavell
Other
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 11:41 am 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 28, 2019 | A | 16,732 | $0.00 | A | 16,732 | D | |
| Common Stock | Feb 28, 2019 | F | 6,585 | $82.56 | D | 10,147 | D | |
| Common StockF1 | Feb 28, 2019 | G | 10,147 | $0.00 | D | 0 | D | |
| Common Stock | Feb 28, 2019 | G | 10,147 | $0.00 | A | 36,996 | I | Family Trust |
| Common StockF2 | holding | — | — | — | 4,886 | 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)F3 | $82.56 | Feb 28, 2019 | A | 40,000 | A | — | Feb 28, 2026 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1Includes 101.472 shares acquired through Company's dividend reinvestment plan since date of last report.
- F2Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $82.56 per share.
- F3First exercisable as to 50% of shares 2-28-21 and as to remaining 50% of shares 2-28-22.