GLOBE LIFE INC. — Director's Dealing 2012

Mar 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2012-03-14

Reporting Person: LUTEK BEN (Vice President and Actuary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-14	Common Stock	M	3750	$29.9267	Acquired	20150	Direct
2012-03-14	Common Stock	M	12750	$42.4667	Acquired	32900	Direct
2012-03-14	Common Stock	S	16500	$49.6129	Disposed	16400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-14	Employee Stock Option (Right to Buy)	$29.9267	M	3750	Disposed	2013-12-13	Common Stock (3750)	Direct
2012-03-14	Employee Stock Option (Right to Buy)	$42.4667	M	12750	Disposed	2013-12-12	Common Stock (12750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8817	Indirect

Footnotes

F1: Sales at prices ranging from $49.53 per share to $49.74 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.