Michael Shane Henrie - Aug 18, 2022 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
SVP & Chief Accounting Officer
Signature
Michael Shane Henrie, By:/s/Chris T. Moore, Attorney-in-fact
Stock symbol
GL
Transactions as of
Aug 18, 2022
Transactions value $
-$182,737
Form type
4
Date filed
8/19/2022, 05:44 PM
Previous filing
Aug 1, 2022
Next filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $73.4K +950 $77.26 950 Aug 18, 2022 Direct
transaction GL Common Stock Options Exercise $283K +3.23K +339.47% $87.60 4.18K Aug 18, 2022 Direct
transaction GL Common Stock Options Exercise $308K +3.73K +89.22% $82.56 7.9K Aug 18, 2022 Direct
transaction GL Common Stock Options Exercise $630K +6.25K +79.11% $100.74 14.2K Aug 18, 2022 Direct
transaction GL Common Stock Sale -$1.48M -14.2K -100% $104.30 0 Aug 18, 2022 Direct F1, F2
holding GL Common Stock 126 Aug 18, 2022 Thrift/401(k) Plan Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -950 -50% $0.00 950 Aug 18, 2022 Common Stock 950 $77.26 Direct
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -3.23K -43.29% $0.00 4.23K Aug 18, 2022 Common Stock 3.23K $87.60 Direct F4
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -3.73K -57.75% $0.00 2.73K Aug 18, 2022 Common Stock 3.73K $82.56 Direct
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -6.25K -50% $0.00 6.25K Aug 18, 2022 Common Stock 6.25K $100.74 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales at prices ranging from $104.18 per share to $104.53 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 Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $105.02 per share.
F4 First exercisable as to 25% of shares 2/26/20, an additional 25% of shares 2/26/21, an additional 25% of shares 2/26/22 and 25% of shares 2/26/23.
F5 First exercisable as to 50% of shares 2/26/22 and the remaining 50% of shares 2/26/23.