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: MITCHELL ROBERT BRIAN (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-21	Common Stock	A	5329	—	Acquired	27453.691	Direct
2017-02-21	Common Stock	F	1458	$77.26	Disposed	25995.691	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	38000	Acquired	2024-02-21	Common Stock (38000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8445	Indirect

Footnotes

F1: Includes 40.61374 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 $77.26 per share.

F3: First exercisable as to 50% of shares 2-21-19 and as to remaining 50% of shares 2-21-20.