Ross R. Moody - 14 Dec 2022 Form 4 Insider Report for National Western Life Group, Inc.

Role
Chairman & CEO, Director
Signature
Ross R. Moody
Issuer symbol
N/A
Transactions as of
14 Dec 2022
Net transactions value
-$77,875
Form type
4
Filing time
16 Dec 2022, 18:01:39 UTC
Previous filing
22 Jun 2022
Next filing
21 Jun 2023
SEC
View on sec.gov

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 +3.9% $0.000000 9,353 14 Dec 2022 Direct F1
transaction NWLI Class A Common Stock Options Exercise $77,875 -353 -3.8% $220.61 9,000 14 Dec 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 $0.000000* 0 14 Dec 2022 Class A Common Stock 353 Direct F2
transaction NWLI Restricted Stock Units Award $0 +4,429 $0.000000 4,429 14 Dec 2022 Class A Common Stock 4,429 Direct F1, F3
transaction NWLI Stock Appreciation Rights Award $0 +73,810 $0.000000 73,810 14 Dec 2022 Class A Common Stock 73,810 $220.61 Direct F4
* 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.
F3 The restricted stock units have a three year cliff vesting schedule that begins on the grant date. The restricted stock units will vest 100% on the third anniversary from the grant date.
F4 The SARs are exercisable as they vest. The SARs vest in three equal annual installments beginning on the Date Exercisable.