GLOBE LIFE INC. — Director's Dealing 2013

Mar 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2013-03-14

Reporting Person: STONE SPENCER H (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-14	Common Stock	M	1250	$29.9267	Acquired	27349	Direct
2013-03-14	Common Stock	M	2625	$42.4667	Acquired	29974	Direct
2013-03-14	Common Stock	M	450	$43.06	Acquired	30424	Direct
2013-03-14	Common Stock	S	3425	$59.38	Disposed	26999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-14	Employee Stock Option (Right to Buy)	$29.9267	M	1250	Disposed	2013-02-13	Common Stock (1250)	Direct
2013-03-14	Employee Stock Option (right to buy)	$42.4667	M	2625	Disposed	2013-12-12	Common Stock (2625)	Direct
2013-03-14	Employee Stock Option (right to buy)	$43.06	M	450	Disposed	2014-01-19	Common Stock (450)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15860	Indirect
Common Stock	17100	Indirect

Footnotes

F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $59.63 per share.