Larry M. Hutchison - Feb 27, 2023 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Co-Chaiman, Director
Signature
Larry M. Hutchison, By: /s/ Chris T. Moore, Attorney-in-fact
Stock symbol
GL
Transactions as of
Feb 27, 2023
Transactions value $
-$562,910
Form type
4
Date filed
3/1/2023, 04:32 PM
Previous filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $1M +13K +1.73% $77.26 764K Feb 27, 2023 Direct
transaction GL Common Stock Sale -$1.57M -13K -1.7% $120.56 751K Feb 27, 2023 Direct F1, F2
holding GL Common Stock 49.5K Feb 27, 2023 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 -13K -8.67% $0.00 137K Feb 27, 2023 Common Stock 13K $77.26 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 $120.20 per share to $120.86 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 using $121.69 per share.