Natalie U. Anderson - 11 Dec 2023 Form 4 Insider Report for National Western Life Group, Inc.

Role
NWLIC - SVP - CIO
Signature
Natalie U. Anderson
Issuer symbol
N/A
Transactions as of
11 Dec 2023
Net transactions value
-$96,504
Form type
4
Filing time
11 Dec 2023, 20:11:49 UTC
Previous filing
16 Dec 2022
Next filing
01 Apr 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 $0 +88 $0.000000 88 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $42,240 -88 -100% $480.00 0 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $42,044 +200 $210.22 200 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $96,308 -200 -100% $481.54 0 11 Dec 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 -88 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 88 Direct F2
transaction NWLI Stock Appreciation Rights Options Exercise $0 -200 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 200 Direct F3
* 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.
F3 The exercised SARs were scheduled to expire on December 11, 2023, in accordance with the original terms of the grant of those SARs.