Michael Shane Henrie - 31 Oct 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
31 Oct 2022
Net transactions value
-$92,057
Form type
4
Filing time
01 Nov 2022, 12:22:47 UTC
Previous filing
19 Aug 2022
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $87,600 +1,000 $87.60 1,000 31 Oct 2022 Direct
transaction GL Common Stock Options Exercise $165,120 +2,000 +200% $82.56 3,000 31 Oct 2022 Direct
transaction GL Common Stock Sale $344,777 -3,000 -100% $114.93 0 31 Oct 2022 Direct F1, F2
holding GL Common Stock 128 31 Oct 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 -1,000 -24% $0.000000 3,225 31 Oct 2022 Common Stock 1,000 $87.60 Direct F4
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -2,000 -73% $0.000000 725 31 Oct 2022 Common Stock 2,000 $82.56 Direct
* 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 $114.66 per share to $115.22 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 $115.52 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.