Russell S. Moody - Dec 14, 2022 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Signature
Russell S. Moody by Moody National Bank as Attorney-in-Fact, by John Smith, its EVP - Senior Trust Officer
Stock symbol
NWLI
Transactions as of
Dec 14, 2022
Transactions value $
-$77,875
Form type
4
Date filed
12/16/2022, 06:09 PM
Previous filing
Jun 22, 2022
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $0 +353 +19.08% $0.00 2.2K Dec 14, 2022 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$77.9K -353 -16.02% $220.61 1.85K Dec 14, 2022 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 Restricted Stock Units Options Exercise $0 +353 $0.00* 0 Dec 14, 2022 Class A Common Stock 353 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive the cash value of one share of NWLIC Class A common stock based on the 20 day average of the Class A common stock leading up to and including the date exercisable.
F2 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.