Ross R. Moody - Dec 14, 2021 Form 4 Insider Report for National Western Life Group, Inc. (NWLI)

Role: Chairman & CEO, Director
Signature: Ross R. Moody
Stock symbol: NWLI
Transactions as of: Dec 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/16/2021, 01:38 PM
Previous filing: Dec 14, 2021
Next filing: Mar 4, 2022
SEC: View on sec.gov

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	NWLI	Restricted Stock Units	Award	$0	+353		$0.00	353	Dec 14, 2021	Class A Common Stock	353		Direct	F1
transaction	NWLI	Restricted Stock Units	Award	$0	+2.79K		$0.00	2.79K	Dec 14, 2021	Class A Common Stock	2.79K		Direct	F1, F2
transaction	NWLI	Stock Appreciation Rights	Award	$0	+37.2K		$0.00	37.2K	Dec 14, 2021	Class A Common Stock	37.2K	$218.44	Direct	F3

Showing 1 to 3 of 3 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive the cash value of one share of NWLIC Class A common stock based on the 20 day average of the Class A common stock leading up to and including the date exercisable.
F2	The restricted stock units have a three year cliff vesting schedule that begins on the grant date. The restricted stock units will vest 100% on the third anniversary from the grant date.
F3	The SARs are exercisable as they vest. The SARs vest in three equal annual installments beginning on the Date Exercisable.