GLOBE LIFE INC. — Director's Dealing 2012

Aug 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2012-08-31

Reporting Person: STONE SPENCER H (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-31	Common Stock	M	1950	$36.9867	Acquired	27849	Direct
2012-08-31	Common Stock	M	625	$24.96	Acquired	28474	Direct
2012-08-31	Common Stock	S	2575	$51.2521	Disposed	25899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-31	Employee Stock Option (Right to Buy)	$36.9867	M	1950	Disposed	2012-12-13	Common Stock (1950)	Direct
2012-08-31	Employee Stock Option (Right to Buy)	$24.96	M	625	Disposed	2012-12-13	Common Stock (625)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17406	Indirect
Common Stock	17100	Indirect
Torchmark Capital Trust Preferred Securities III	1100	Direct

Footnotes

F1: Sales at prices ranging from $51.24 per share to $51.255 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 using $50.83 per share.