Frank M. Svoboda - 28 Feb 2024 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
28 Feb 2024
Net transactions value
-$637,634
Form type
4
Filing time
29 Feb 2024, 17:18:30 UTC
Previous filing
20 Nov 2023
Next filing
21 May 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 Award $0 +3,500 +104% $0.000000 6,870 28 Feb 2024 Direct
transaction GL Common Stock Award $0 +12,582 +183% $0.000000 19,452 28 Feb 2024 Direct
transaction GL Common Stock Tax liability $637,634 -4,966 -26% $128.40 14,486 28 Feb 2024 Direct
holding GL Common Stock 139,898 28 Feb 2024 Family Trust
holding GL Common Stock 1,893 28 Feb 2024 Thrift/401(k) Plan Trust F1

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) Award $0 +72,000 $0.000000 72,000 28 Feb 2024 Common Stock 72,000 $128.40 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares in unitized fund in Company's 401(k) employee benefit plan - estimated conversion of $ balance to shares using $128.40 per share.
F2 First exercisable as to 50% of shares 02-28-26 and as to remaining 50% of shares 02-28-27.