Gregory J. Owen - Dec 11, 2023 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Role
NWLIC - SVP CIO
Signature
Gregory J. Owen
Stock symbol
NWLI
Transactions as of
Dec 11, 2023
Transactions value $
-$439,246
Form type
4
Date filed
12/13/2023, 03:04 PM
Previous filing
Dec 16, 2022
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $0 +108 $0.00 108 Dec 11, 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$51.9K -108 -100% $480.32 0 Dec 11, 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $81.4K +268 $303.77 268 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer -$129K -268 -100% $481.54 0 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $94.6K +374 $252.91 374 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer -$180K -374 -100% $481.54 0 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $92.6K +482 $192.10 482 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer -$232K -482 -100% $481.54 0 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $95.2K +436 $218.44 436 Dec 11, 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer -$210K -436 -100% $481.54 0 Dec 11, 2023 Direct

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 -108 -100% $0.00* 0 Dec 11, 2023 Class A Common Stock 108 Direct F2
transaction NWLI Stock Appreciation Rights Options Exercise $0 -268 -100% $0.00* 0 Dec 11, 2023 Class A Common Stock 268 $303.77 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -374 -100% $0.00* 0 Dec 11, 2023 Class A Common Stock 374 $252.91 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -482 -66.67% $0.00 241 Dec 11, 2023 Class A Common Stock 482 $192.10 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -436 -33.28% $0.00 874 Dec 11, 2023 Class A Common Stock 436 $218.44 Direct
* 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 9, 2023, 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.