Frank M. Svoboda - 21 May 2021 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
EVP & CFO
Signature
Frank M. Svoboda, By: /s/ Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
21 May 2021
Net transactions value
-$1,089,338
Form type
4
Filing time
24 May 2021, 16:38:19 UTC
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $1,012,800 +20,000 $50.64 20,000 21 May 2021 Direct
transaction GL Common Stock Sale $2,102,138 -20,000 -100% $105.11 0 21 May 2021 Direct F1, F2
holding GL Common Stock 131,764 21 May 2021 Family Trust
holding GL Common Stock 1,856 21 May 2021 Thrift Plan Trust F3

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 -20,000 -100% $0.000000* 0 21 May 2021 Common Stock 20,000 $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 $104.77 per share to $105.155 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 Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $105.47 per share.