GLOBE LIFE INC. — Director's Dealing 2010

Dec 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2010-12-02

Reporting Person: PRESSLEY W MICHAEL (VP & Chief Inv. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-02	Common Stock	M	2500	$37.44	Acquired	8900	Direct
2010-12-02	Common Stock	S	2500	$60.1762	Disposed	6400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-02	Employee Stock Option (Right to Buy)	$37.44	S	2500	Disposed	2012-12-18	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	344	Indirect
Torchmark Capital Trust III Preferred Securities	2816	Direct

Footnotes

F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $60.28 per share.

F2: First exercisable as to 50% of shares on and after 12/16/2004 and as to remaining 50% of shares on and after 12/16/2005.