GLOBE LIFE INC. — Director's Dealing 2016

Nov 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2016-11-14

Reporting Person: BUCHAN MELISSA JANE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-14	Common Stock	M	13500	$19.8934	Acquired	78060.386	Direct
2016-11-14	Common Strock	S	3825	$71.1164	Disposed	74235.386	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-14	Director Stock Option (right to buy)	$19.8934	M	13500	Disposed	2017-01-04	Common Stock (13500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Indirect

Footnotes

F1: Includes 242.9893 shares acquired through brokerage dividend reinvestment plan since date of last report.

F2: sales at prices ranging from $71.015 per share to $71.29 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 6,000 shares at an exercise price of $44.76 per share, but was adjusted to reflect 3-for-2 stock splits paid in the form of 50% stock dividend occuring on July 1, 2011 and July 1, 2014.