GLOBE LIFE INC. — Director's Dealing 2016

Sep 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2016-09-13

Reporting Person: HENRIE MICHAEL SHANE (Officer of Principal Sub.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-13	Common Stock	M	300	$37.40	Acquired	300	Direct
2016-09-13	Common Stock	S	300	$64.3201	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-13	Employee Stock Option (right to buy)	$37.40	M	300	Disposed	2020-02-27	Common Stock (300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	46	Indirect

Footnotes

F1: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $64.75 per share.

F2: Previously reported as option for 10,000 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.