Brian M. Pribyl - 08 Dec 2023 Form 4 Insider Report for National Western Life Group, Inc.

Signature
Brian M. Pribyl
Issuer symbol
N/A
Transactions as of
08 Dec 2023
Net transactions value
-$336,633
Form type
4
Filing time
11 Dec 2023, 21:05:26 UTC
Previous filing
16 Dec 2022
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $210,220 +1,000 $210.22 1,000 08 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $482,010 -1,000 -100% $482.01 0 08 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $0 +135 $0.000000 135 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $64,843 -135 -100% $480.32 0 11 Dec 2023 Direct 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 NWLI Stock Appreciation Rights Options Exercise $0 -1,000 -100% $0.000000* 0 08 Dec 2023 Class A Common Stock 1,000 $210.22 Direct F2
transaction NWLI Restricted Stock Units Options Exercise $0 -135 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 135 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Unit vested in full on December 9, 2023, and without any action or discretion by the Reporting Person he received a cash payment equal to the value of the shares on the vesting date.
F2 The exercised SARs were scheduled to expire on December 11, 2023, in accordance with the original terms of the grant of those SARs.
F3 Each restricted stock unit represents a contingent right to receive, with no additional consideration payable, the cash value of one share of NWLI Class A common stock on the Date Exercisable.