Larry M. Hutchison - May 10, 2021 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Co-Chaiman & CEO, Director
Signature
Larry M. Hutchison, By: /s/ Chris T. Moore, Attorney-in-fact
Stock symbol
GL
Transactions as of
May 10, 2021
Transactions value $
-$736,585
Form type
4
Date filed
5/11/2021, 08:06 PM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $658K +13K +1.82% $50.64 728K May 10, 2021 Direct
transaction GL Common Stock Sale -$1.25M -11.7K -1.6% $107.25 716K May 10, 2021 Direct F1, F2
transaction GL Common Stock Sale -$142K -1.32K -0.18% $107.78 715K May 10, 2021 Direct F2, F3
holding GL Common Stock 48.4K May 10, 2021 Thrift Plan Trust F4

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 GL Employee Stock Option (Right to Buy) Options Exercise $0 -13K -14.94% $0.00 74K May 10, 2021 Common Stock 13K $50.64 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales at prices ranging from $106.78 per share to $107.64 per share.
F2 Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer.
F3 Sales at prices ranging from $107.71 per share to $107.9375 per share.
F4 Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $105.86 per share.