W. MICHAEL PRESSLEY - 07 May 2021 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Former EVP & Chief Inv Officer
Signature
W. Michael Pressley, By:/s/Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
07 May 2021
Transactions value $
-$979,472
Form type
4
Filing time
03 Sep 2021, 16:56:18 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GL Common Stock Options Exercise $2.7M +35K +38.95% $77.26 125K 07 May 2021 Direct
transaction GL Common Stock Sale -$3.68M -35K -28.03% $105.24 89.9K 07 May 2021 Direct F1, F2
holding GL Common Stock 1.52K 07 May 2021 Thrift 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 -35K -53.85% $0.00 30K 07 May 2021 Common Stock 35K $77.26 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

W. MICHAEL PRESSLEY is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Sales at prices ranging from $104.95 per share to $105.53 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 Company's 401(k) employee benefit plan - estimated conversion of $ balance to shares using $105.99 per share.