Frank M. Svoboda - Nov 6, 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
Stock symbol
GL
Transactions as of
Nov 6, 2023
Transactions value $
-$773,296
Form type
4
Date filed
11/7/2023, 04:06 PM
Previous filing
Aug 30, 2023
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $1.55M +20K +593.47% $77.26 23.4K Nov 6, 2023 Direct
transaction GL Common Stock Sale -$2.32M -20K -85.58% $115.92 3.37K Nov 6, 2023 Direct F1, F2
holding GL Common Stock 140K Nov 6, 2023 Family Trust
holding GL Common Stock 1.89K Nov 6, 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 -20K -67.8% $0.00 9.5K Nov 6, 2023 Common Stock 20K $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.