GLOBE LIFE INC. — Director's Dealing 2014

Nov 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2014-11-05

Reporting Person: SMITH LAMAR C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-05	Common Stock	M	5391	$14.6834	Acquired	71038	Direct
2014-11-05	Common Stock	S	5391	$53.5252	Disposed	65647	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-05	Director Stock Option (Right to Buy)	$14.6834	M	5391	Disposed	2014-11-12	Common Stock (5391)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Indirect

Footnotes

F1: On July 1, 2014, Torchmark Corporation paid a 3-for-2 stock split in the form of a 50% stock dividend on its common stock, resulting in reporting person's ownership of 21,882 additional common shares.

F2: Sales at prices ranging from $53.49 per share to $53.555 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: Previously reported as option for 3,594 shares at an exercise price of $22.0250 per share, but was adjusted to reflect 3-for-2 stock split paid in the form of 50% stock dividend occuring on July 1, 2014.