GLOBE LIFE INC. — Director's Dealing 2017

Feb 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2017-02-21

Reporting Person: DICHIARO STEVEN JOHN (Exec. Officer of Principal Sub)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-21	Common Stock	F	124	$77.26	Disposed	6038	Direct
2017-02-21	Common Stock	A	3197	—	Acquired	9235	Direct
2017-02-21	Common Stock	F	875	$77.26	Disposed	8360	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-21	Employee Stock Option (Right to Buy)	$77.26	A	30000	Acquired	2024-02-21	Common Stock (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2104	Indirect

Footnotes

F1: Shares surrendered in payment of withholding taxes upon vesting of restricted stock.

F2: Shares surrendered in payment of withholding taxes upon issuance of performance shares.

F3: Shares in unitized fund in Torchmark 401(k) employee benefit plan - estimated conversion of $ balance to shares using $77.26 per share.

F4: First exercisable as to 50% of shares 2-21-19 and as to remaining 50% of shares 2-21-20.