Matthew Darden - Mar 1, 2023 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Co-CEO
Signature
James Matthew Darden by Chris T. Moore, Attorney- in-Fact
Stock symbol
GL
Transactions as of
Mar 1, 2023
Transactions value $
-$323,457
Form type
4
Date filed
3/2/2023, 03:51 PM
Previous filing
Feb 23, 2023
Next filing
Nov 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $773K +10K +41.55% $77.26 34.1K Mar 1, 2023 Direct
transaction GL Common Stock Sale -$1.1M -9K -26.42% $121.78 25.1K Mar 1, 2023 Direct F1, F2
holding GL Common Stock 1.46K Mar 1, 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 -10K -51.15% $0.00 9.55K Mar 1, 2023 Common Stock 10K $77.26 Direct F4
* 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 $121.40 per share to $122.135 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 $121.66 per share.
F4 Originally reported as 38,000 shares acquired in 2017. 18,449 of such shares were transferred to the ex-spouse of the reporting person pursuant to a 2020 domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.