TORCHMARK CORP 4
4 · TORCHMARK CORP · Filed Aug 29, 2014
Insider Transaction Report
Form 4
STONE SPENCER H
Controller
Transactions
- Sale
Common Stock
2014-08-27$54.98/sh−2,500$137,450→ 40,648 total - Exercise/Conversion
Common Stock
2014-08-27$27.86/sh+2,500$69,645→ 43,148 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2014-08-27−2,500→ 3,875 totalExercise: $27.86From: 2011-02-26Exp: 2015-02-26→ Common Stock (2,500 underlying)
Holdings
- 25,650(indirect: By Spouse)
Common Stock
- 23,818(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]On July 1, 2014, Torchmark Corporation paid a 3-for-2 stock split in the form of a 50% stock dividend on its common stock, resulting in reporting person's ownership of 21,489 additional common shares.
- [F2]Shares in unitized fund in employee benefit plan-estimated conversion of $ balance to shares using $54.86 per share, adjusted for 3-for-2 stock split paid in the form of 50% stock dividend on 7-1-14.
- [F3]On July 1, 2014, Torchmark Corporation paid a 3-for-2 stock split in the form of a 50% stock dividend on its common stock, resulting in spouse's ownership of 8,550 addition common shares.
- [F4]Previously reported as option for 4250 shares at an exercise price of $41.7867 per share, that was adjusted to reflect 3-for-2 stock split paid in the form of 50% stock dividend occuring on July 1, 2014 to be revised as 6,375 shares at an exercise price of $27.8578.