Brian M. Pribyl - Dec 8, 2023 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Role
Sr VP - CFO
Signature
Brian M. Pribyl
Stock symbol
NWLI
Transactions as of
Dec 8, 2023
Transactions value $
-$336,633
Form type
4
Date filed
12/11/2023, 09:05 PM
Previous filing
Dec 16, 2022
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $210K +1K $210.22 1K Dec 8, 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer -$482K -1K -100% $482.01 0 Dec 8, 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $0 +135 $0.00 135 Dec 11, 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$64.8K -135 -100% $480.32 0 Dec 11, 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 -1K -100% $0.00* 0 Dec 8, 2023 Class A Common Stock 1K $210.22 Direct F2
transaction NWLI Restricted Stock Units Options Exercise $0 -135 -100% $0.00* 0 Dec 11, 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.