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: MITCHELL ROBERT BRIAN (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-24	Common Stock	A	8155	—	Acquired	24166.0654	Direct
2016-02-24	Common Stock	F	2231	$50.64	Disposed	21935.0654	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-24	Employee Stock Option (Right to Buy)	$50.64	A	38000	Acquired	2023-02-24	Common Stock (38000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8096	Indirect

Footnotes

F1: Includes 38.4042 shares acquired through brokerage dividend reinvestment plan since date of last report.

F2: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $50.64 per share.

F3: First exercisable as to 50% of shares 2-24-18 and as to remaining 50% of shares 2-24-19.