GLOBE LIFE INC. — Director's Dealing 2016

Feb 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2016-02-24

Reporting Person: SVOBODA FRANK M (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-24	Common Stock	A	9786	—	Acquired	61949.85	Direct
2016-02-24	Common Stock	F	1196	$50.64	Disposed	60753.85	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-24	Employee Stock Optioni (Right to Buy)	$50.64	A	60000	Acquired	2023-02-24	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	450	Indirect
Common Stock	1625	Indirect

Footnotes

F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $50.64 per share.

F2: First exercisable as to 50% of shares 2-24-18 and as to remaining 50% of shares 2-24-19.