Ann M. Moody - Apr 28, 2022 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Role
Director
Signature
Ann M. Moody
Stock symbol
NWLI
Transactions as of
Apr 28, 2022
Transactions value $
-$72,760
Form type
4
Date filed
5/2/2022, 05:48 PM
Previous filing
Dec 16, 2021

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 $0.00 353 Apr 28, 2022 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$72.8K -353 -100% $206.12 0 Apr 28, 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 Apr 28, 2022 Class A Common Stock 353 Direct F2, F3
* 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 Unit vested in full upon death on April 28, 2022, and without any action or discretion by the Reporting Person. S/he will receive a cash payment equal to the value of the shares on the vesting date.