GLOBE LIFE INC. — Director's Dealing 2013

May 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2013-05-07

Reporting Person: STONE SPENCER H (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-07	Common Stock	M	2175	$43.06	Acquired	28374	Direct
2013-05-07	Common Stock	M	1850	$37.4934	Acquired	30224	Direct
2013-05-07	Common Stock	S	3125	$63.2632	Disposed	27099	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-07	Employee Stock Option (Right to Buy)	$43.06	M	2175	Disposed	2014-01-19	Common Stock (2175)	Direct
2013-05-07	Employee Stock Option (Right to Buy)	$37.4934	M	1850	Disposed	2014-12-13	Common Stock (1850)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15864	Indirect
Common Stock	17100	Indirect

Footnotes

F1: sales at prices ranging from $63.26 per share to $63.28 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 $63.53 per share.