Todd M. Wallace - Jun 20, 2023 Form 4 Insider Report for NATIONAL WESTERN LIFE INSURANCE CO (NWLI)

Role
Director
Signature
Todd M. Wallace
Stock symbol
NWLI
Transactions as of
Jun 20, 2023
Transactions value $
-$142,765
Form type
4
Date filed
6/21/2023, 03:14 PM
Previous filing
Jul 6, 2022
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWLI Class A Common Stock Options Exercise $0 +371 $0.00 371 Jun 20, 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise -$143K -371 -100% $384.81* 0 Jun 20, 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 Restricted Stock Units Options Exercise $0 -371 -100% $0.00* 0 Jun 20, 2023 Class A Common Stock 371 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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.