Rey Perez - Dec 13, 2021 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Role
NWLIC President & COO
Signature
Rey Perez
Stock symbol
NWLI
Transactions as of
Dec 13, 2021
Transactions value $
-$20,257
Form type
4
Date filed
12/14/2021, 03:28 PM
Previous filing
Nov 15, 2021
Next 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 +94 +85.45% $0.00 204 Dec 13, 2021 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$20.3K -94 -46.08% $215.50 110 Dec 13, 2021 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 +94 $0.00* 0 Dec 13, 2021 Class A Common Stock 94 Direct F2
* 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 12, 2021, 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 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.