GLOBE LIFE INC. — Director's Dealing 2018

Aug 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2018-08-23

Reporting Person: MITCHELL ROBERT BRIAN (EVP, General Counsel and CRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-23	Common Stock	M	26000	$53.61	Acquired	57231.0091	Direct
2018-08-23	Common Stock	M	19000	$50.64	Acquired	76231.0091	Direct
2018-08-23	Common Stock	S	45000	$87.8355	Disposed	31231.0091	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-23	Employee Stock Option (Right to Buy)	$53.61	M	26000	Disposed	2022-02-25	Common Stock (26000)	Direct
2018-08-23	Employee Stock Option (Right to Buy)	$50.64	M	19000	Disposed	2023-02-24	Common Stock (19000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8982	Indirect

Footnotes

F1: sales at prices ranging from $87.65 per share to $88.09 per share.

F2: 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.

F3: Includes 157.0653 shares acquired through brokerage dividend reinvestment plan since date of last report.

F4: Shares in unitized fund in employee benefit plan - estimated conversion of $ balance using $87.93 per share.