GARY L. COLEMAN - 27 Feb 2023 Form 4 Insider Report for GLOBE LIFE INC. (GL)

Role
Co-Chairman, Director
Signature
Gary L. Coleman, By: /s/ Chris T. Moore, Attorney-in-fact
Issuer symbol
GL
Transactions as of
27 Feb 2023
Transactions value $
-$562,988
Form type
4
Filing time
01 Mar 2023, 16:26:57 UTC
Previous 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 $1M +13K +2.04% $77.26 650K 27 Feb 2023 Direct
transaction GL Common Stock Sale -$1.57M -13K -2% $120.57 637K 27 Feb 2023 Direct F1, F2
holding GL Common Stock 63.7K 27 Feb 2023 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 -13K -8.67% $0.00 137K 27 Feb 2023 Common Stock 13K $77.26 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 $120.24 per share to $120.86 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 $121.69 per share.