GLOBE LIFE INC. — Director's Dealing 2012

Feb 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2012-02-13

Reporting Person: SVOBODA FRANK M (VP & Director of Taxes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-13	Common Stock	M	15000	$36.9867	Acquired	18549.54	Direct
2012-02-13	Common Stock	S	15000	$47.88	Disposed	3549.54	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-13	Employee Stock Option (Right to Buy)	$36.9867	M	15000	Disposed	2012-12-13	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	300	Indirect
Common Stock	760	Indirect
Torchmark Capital Trust III Preferred Securities	1700	Direct
Torchmark Capital Trust III Preferred Securities	400	Indirect

Footnotes

F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $48.10 per share..