GLOBE LIFE INC. — Director's Dealing 2019

Mar 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORCHMARK CORP (TMK)
CIK: 0000320335
Period of Report: 2019-03-04

Reporting Person: SVOBODA FRANK M (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-04	Common Stock	M	15000	$37.40	Acquired	121533	Direct
2019-03-04	Common Stock	S	15000	$82.7202	Disposed	106533	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-04	Employee Stock Option (Right to Buy)	$37.40	M	15000	Disposed	2020-02-27	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1825	Indirect

Footnotes

F1: Sales at prices ranging from $82.295 per share to $83.14 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: Previously reported as option for 60,000 shares at an exercise price of $56.10 per share, but has been adjusted to reflect 3-for-2 stock splits paid in the form of 50% stock dividends occuring on July 1, 2014.