Joseph J. Hathaway - 11 Dec 2023 Form 4 Insider Report for National Western Life Group, Inc.

Role
NWLIC - SVP - CA
Signature
Joseph J. Hathaway
Issuer symbol
N/A
Transactions as of
11 Dec 2023
Net transactions value
-$98,709
Form type
4
Filing time
11 Dec 2023, 20:30:39 UTC
Previous filing
16 Nov 2023
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 +88 $0.000000 88 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $42,268 -88 -100% $480.32 0 11 Dec 2023 Direct F1
transaction NWLI Class A Common Stock Options Exercise $37,460 +195 $192.10 195 11 Dec 2023 Direct
transaction NWLI Class A Common Stock Disposed to Issuer $93,900 -195 -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 -195 -100% $0.000000* 0 11 Dec 2023 Class A Common Stock 195 $192.10 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units 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.