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: SVOBODA FRANK M (EVP & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-24	Employee Stock Optioni (Right to Buy)	$76.04	A	40000	Acquired	2015-02-26	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17250	Direct
Common Stock	300	Indirect
Common Stock	939	Indirect

Footnotes

F1: Includes 2 shares acquired through dividend reinvestment in 2014.

F2: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $76.04 per share..

F3: First exercisable as to 50% of shares 2/24/16 and as to remaining 50% 2/24/17.