Jennifer A. Haworth - Dec 20, 2021 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Signature
Jennifer A. Haworth, By: Chris T. Moore, Attorney-in-Fact
Stock symbol
GL
Transactions as of
Dec 20, 2021
Transactions value $
-$169,923
Form type
4
Date filed
12/21/2021, 10:26 AM
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $227K +7.5K $30.33 7.5K Dec 20, 2021 Direct
transaction GL Common Stock Options Exercise $228K +4.5K +60% $50.69 12K Dec 20, 2021 Direct
transaction GL Common Stock Sale -$625K -7.3K -60.83% $85.68 4.7K Dec 20, 2021 Direct F1, F2
holding GL Common Stock 1.69K Dec 20, 2021 Thrift Plan Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -7.5K -100% $0.00* 0 Dec 20, 2021 Common Stock 7.5K $30.33 Direct F4
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -4.5K -50% $0.00 4.5K Dec 20, 2021 Common Stock 4.5K $50.69 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales at prices ranging from $85.44 per share to $85.88 per share.
F2 Reporting 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.
F3 Shares in unitized fund in employee benefit plan - estimated conversion of $ balance of shares using $86.86 per share.
F4 Previously reported as option for 5,000 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 occurring on July 1, 2014.
F5 Previously reported as option for 6,000 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 occurring on July 1, 2014.