GLOBE LIFE INC. — Director's Dealing 2014

Feb 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2014-02-24

Reporting Person: STONE SPENCER H (Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-24	Employee Stock Option (Right to Buy)	$76.04	A	4000	Acquired	2024-02-24	Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25499	Direct
Common Stock	15861	Indirect
Common Stock	17100	Indirect

Footnotes

F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $76.04 per share.

F2: First exercisable as to 25% of shares on 2/24/2016; 50% of shares on 2/24/2017; 75% of shares on 2/24/2018; and 100% of shares on 2/24/2019.