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GLOBE LIFE INC. — Director's Dealing 2013
Mar 1, 2013
30529_dirs_2013-03-01_008ca871-fae6-418a-b5e2-d2ed1b4b85e7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2013-02-27
Reporting Person: MCANDREW MARK S (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-28 | Common Stock | M | 71250 | $29.9267 | Acquired | 72262 | Indirect |
| 2013-02-28 | Common Stock | S | 71250 | $56.1913 | Disposed | 189 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-28 | Employee Stock Option (Right to Buy) | $29.9267 | M | 71250 | Disposed | 2013-12-13 | Common Stock (71250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 195921 | Direct |
| Common Stock | 13224 | Indirect |
Footnotes
F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $56.19 per share.
F2: Sales at prices ranging from $56.05 per share to $56.44 per share.
F3: 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.
F4: Pursuant to divorce decree and accompanying QUADROs, 823 shares transferred to former spouse upon expiration of restriction of such shares prior to option exercise.