Jason A. Harvey - 28 Nov 2022 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Exec. Officer of Principal Sub
Signature
Jason A. Harvey, By Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
28 Nov 2022
Net transactions value
-$219,700
Form type
4
Filing time
29 Nov 2022, 14:11:20 UTC
Previous filing
21 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $657,000 +7,500 +1630% $87.60 7,960 28 Nov 2022 Direct
transaction GL Common Stock Sale $876,700 -7,500 -94% $116.89 460 28 Nov 2022 Direct
holding GL Common Stock 6,250 28 Nov 2022 Thrift/401(K) Plan Trust F1

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 -7,500 -75% $0.000000 2,500 28 Nov 2022 Common Stock 7,500 $87.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares in unitized fund in Company's 401(k) employee benefit plan - estimated conversion of $ balance to shares using $115.92 per share.
F2 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 as to remaining 25% of shares 2-26-23.