GLOBE LIFE INC. — Director's Dealing 2010

Nov 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2010-11-15

Reporting Person: WILLIAMS GLENN D (EVP of Principal Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-15	Common Stock	M	7500	$37.44	Acquired	38323	Direct
2010-11-15	Common Stock	S	7500	$58.9063	Disposed	30823	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-15	Employee Stock Option (Right to Buy)	$37.44	A	7500	Acquired	2012-12-18	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2490	Indirect

Footnotes

F1: Sales at prices ranging from $58.8744 per share to $58.9266 per share.

F2: Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer.

F3: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $58.49 per share.

F4: 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.