Gary L. Coleman - 01 Dec 2022 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Signature
Gary L. Coleman, By: /s/ Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
01 Dec 2022
Net transactions value
-$829,375
Form type
4
Filing time
05 Dec 2022, 12:02:45 UTC
Previous filing
05 Dec 2022
Next filing
30 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $607,680 +12,000 +1.9% $50.64 636,904 01 Dec 2022 Direct
transaction GL Common Stock Sale $1,437,055 -12,000 -1.9% $119.75 624,904 01 Dec 2022 Direct F1, F2
holding GL Common Stock 63,417 01 Dec 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 -12,000 -32% $0.000000 25,000 01 Dec 2022 Common Stock 12,000 $50.64 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 $119.35 per share to $120.08 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 Company's 401(k) employee benefit plan - estimated conversion of $ balance to shares using $121.14 per share.