MICHAEL SHANE HENRIE - 18 Aug 2022 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Signature
Michael Shane Henrie, By:/s/Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
18 Aug 2022
Net transactions value
-$182,737
Form type
4
Filing time
19 Aug 2022, 17:44:50 UTC
Previous filing
01 Aug 2022
Next filing
01 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $73,397 +950 $77.26 950 18 Aug 2022 Direct
transaction GL Common Stock Options Exercise $282,510 +3,225 +339% $87.60 4,175 18 Aug 2022 Direct
transaction GL Common Stock Options Exercise $307,536 +3,725 +89% $82.56 7,900 18 Aug 2022 Direct
transaction GL Common Stock Options Exercise $629,625 +6,250 +79% $100.74 14,150 18 Aug 2022 Direct
transaction GL Common Stock Sale $1,475,805 -14,150 -100% $104.30 0 18 Aug 2022 Direct F1, F2
holding GL Common Stock 126 18 Aug 2022 Thrift/401(k) 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 -950 -50% $0.000000 950 18 Aug 2022 Common Stock 950 $77.26 Direct
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -3,225 -43% $0.000000 4,225 18 Aug 2022 Common Stock 3,225 $87.60 Direct F4
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -3,725 -58% $0.000000 2,725 18 Aug 2022 Common Stock 3,725 $82.56 Direct
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -6,250 -50% $0.000000 6,250 18 Aug 2022 Common Stock 6,250 $100.74 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 $104.18 per share to $104.53 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 to shares using $105.02 per share.
F4 First exercisable as to 25% of shares 2/26/20, an additional 25% of shares 2/26/21, an additional 25% of shares 2/26/22 and 25% of shares 2/26/23.
F5 First exercisable as to 50% of shares 2/26/22 and the remaining 50% of shares 2/26/23.