Carlos A. Martinez - Dec 12, 2022 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Role
NWLIC Sr VP - Fn Natl Dist
Signature
Carlos A. Martinez
Stock symbol
NWLI
Transactions as of
Dec 12, 2022
Transactions value $
-$10,230
Form type
4
Date filed
12/15/2022, 03:20 PM
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $0 +48 $0.00 48 Dec 12, 2022 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$10.2K -48 -100% $213.13 0 Dec 12, 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 +48 $0.00* 0 Dec 12, 2022 Class A Common Stock 48 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.