Gina B. Miller - 11 Dec 2023 Form 4 Insider Report for National Western Life Group, Inc.

Role
NWLIC SVP - CLO & Secretary
Signature
Gina B. Miller
Issuer symbol
N/A
Transactions as of
11 Dec 2023
Net transactions value
-$478,810
Form type
4
Filing time
13 Dec 2023, 16:41:18 UTC
Previous filing
16 Dec 2022
Next filing
15 Dec 2023
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 +84 $0.000000 84 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $40,347 -84 -100% $480.32 0 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $31,533 +150 $210.22 150 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $72,231 -150 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $34,637 +160 $216.48 160 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $77,046 -160 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $53,831 +173 $311.16 173 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $83,306 -173 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $53,829 +161 $334.34 161 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $77,528 -161 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $62,577 +206 $303.77 206 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $99,197 -206 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $73,344 +290 $252.91 290 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $139,647 -290 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $71,653 +373 $192.10 373 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $179,614 -373 -100% $481.54 0 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Options Exercise $75,799 +347 $218.44 347 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $167,094 -347 -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 -84 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 84 Direct F2
transaction NWLI Stock Appreciation Rights Options Exercise $0 -150 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 150 $210.22 Direct F3
transaction NWLI Stock Appreciation Rights Options Exercise $0 -160 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 160 $216.48 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -173 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 173 $311.16 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -161 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 161 $334.34 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -206 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 206 $303.77 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -290 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 290 $252.91 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -373 -67% $0.000000 187 11 Dec 2023 Class A Common Stock 373 $192.10 Direct
transaction NWLI Stock Appreciation Rights Options Exercise $0 -347 -33% $0.000000 696 11 Dec 2023 Class A Common Stock 347 $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 the cash value of one share of NWLIC Class A common stock based on the 20 day average of the Class A common stock leading up to and including the Date Exercisable.
F3 The exercised SARs include 150 SARs with an exercise price of $210.22 per share that were scheduled to expire on December 11, 2023, in accordance with the original terms of the grant of those SARs.