James Matthew Darden - 23 Feb 2022 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
EVP, Chief Strategy Officer
Signature
James Matthew Darden by Chris T. Moore, Attorney- in-Fact
Issuer symbol
GL
Transactions as of
23 Feb 2022
Net transactions value
-$116,753
Form type
4
Filing time
24 Feb 2022, 17:01:26 UTC
Previous filing
08 Feb 2022
Next filing
31 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Award $0 +2,909 +18% $0.000000 18,675 23 Feb 2022 Direct F1
transaction GL Common Stock Tax liability $116,753 -1,131 -6.1% $103.23 17,544 23 Feb 2022 Direct
holding GL Common Stock 1,457 23 Feb 2022 Thrift/401(k) Plan Trust F2

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) Award $0 +65,000 $0.000000 65,000 23 Feb 2022 Common Stock 65,000 $103.23 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting person was originally awarded 3,360 shares of Globe Life Inc. common stock in payment of performance share units, 451 of which were transferred to his former spouse pursuant to a divorce decree/domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
F2 Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $103.23 per share.
F3 First exercisable as to 50% of shares 2-23-24 and as to remaining 50% of shares 2-23-25.