GARY L. COLEMAN - 29 Dec 2022 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Co-Chairman & CEO, Director
Signature
Gary L. Coleman, By: /s/ Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
29 Dec 2022
Transactions value $
-$1,756,762
Form type
4
Filing time
30 Dec 2022, 14:02:57 UTC
Previous filing
05 Dec 2022
Next filing
23 Feb 2023
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 $658K +13K +2.08% $50.64 638K 29 Dec 2022 Direct
transaction GL Common Stock Sale -$1.57M -13K -2.04% $120.88 625K 29 Dec 2022 Direct F1, F2
transaction GL Common Stock Options Exercise $608K +12K +1.92% $50.64 637K 30 Dec 2022 Direct
transaction GL Common Stock Sale -$1.45M -12K -1.88% $120.95 625K 30 Dec 2022 Direct F2, F3
holding GL Common Stock 63.4K 29 Dec 2022 Thrift/401(k) Plan Trust F4

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 -13K -52% $0.00 12K 29 Dec 2022 Common Stock 13K $50.64 Direct
transaction GL Employee Stock Option (Right to Buy) Options Exercise $0 -12K -100% $0.00* 0 30 Dec 2022 Common Stock 12K $50.64 Direct
* 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 $120.745 per share to $120.99 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 Sales at prices ranging from $120.76 per share to $121.08 per share.
F4 Shares in unitized fund in Company's 401(k) employee benefit plan - estimated conversion of $ balance to shares using $120.70 per share.