Frank M. Svoboda - 06 Nov 2023 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Co-Chairman & CEO, Director
Signature
Frank M. Svoboda, By: /s/ Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
06 Nov 2023
Net transactions value
-$773,296
Form type
4
Filing time
07 Nov 2023, 16:06:39 UTC
Previous filing
30 Aug 2023
Next filing
30 Apr 2024
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 $1,545,200 +20,000 +593% $77.26 23,370 06 Nov 2023 Direct
transaction GL Common Stock Sale $2,318,496 -20,000 -86% $115.92 3,370 06 Nov 2023 Direct F1, F2
holding GL Common Stock 139,898 06 Nov 2023 Family Trust
holding GL Common Stock 1,894 06 Nov 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 -20,000 -68% $0.000000 9,500 06 Nov 2023 Common Stock 20,000 $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 $115.69 per share to $116.07 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 $116.05 per share.