Chad J. Tope - 07 Dec 2023 Form 4 Insider Report for National Western Life Group, Inc.

Role
NWLIC - EVP CMO
Signature
Chad J. Tope
Issuer symbol
N/A
Transactions as of
07 Dec 2023
Net transactions value
-$802,689
Form type
4
Filing time
11 Dec 2023, 18:59:58 UTC
Previous filing
16 Dec 2022
Next filing
11 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $193,223 +764 $252.91 764 07 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $188,834 +983 +129% $192.10 1,747 07 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $193,538 +886 +51% $218.44 2,633 07 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $1,272,134 -2,633 -100% $483.15 0 07 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $0 +221 $0.000000 221 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $106,151 -221 -100% $480.32 0 11 Dec 2023 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 Stock Appreciation Rights Options Exercise $0 -764 -100% $0.000000* 0 07 Dec 2023 Class A Common Stock 764 $252.91 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -983 -67% $0.000000 492 07 Dec 2023 Class A Common Stock 983 $192.10 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -886 -33% $0.000000 1,773 07 Dec 2023 Class A Common Stock 886 $218.44 Direct
transaction NWLI Restricted Stock Units Options Exercise $0 -221 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 221 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 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.