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GLOBE LIFE INC. — Director's Dealing 2016
Aug 11, 2016
30529_dirs_2016-08-11_1202fbf0-1a7c-4f91-8d53-07a2a913f035.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: 2016-08-11
Reporting Person: LEAVELL BILL (President of Principal Sub.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-11 | Common Stock | M | 25200 | $37.40 | Acquired | 45534 | Direct |
| 2016-08-11 | Common Stock | S | 25200 | $62.0833 | Disposed | 17334 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-11 | Employee Stock Option (Right to Buy) | $37.40 | M | 25200 | Disposed | 2020-02-27 | Common Stock (25200) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3698 | Indirect |
Footnotes
F1: sales at prices ranging from $62.04 per share to $62.18 per share.
F2: 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.
F3: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $61.95 per share.
F4: Previously reported as option for 16,800 shares at an exercise price of $56.10 per share, but has been adjusted to reflect 3-for-2 stock split paid in the form of 50% stock dividend occuring on July 1, 2014.