HERBEL VERN D 4
4 · TORCHMARK CORP · Filed Aug 30, 2018
Insider Transaction Report
Form 4
HERBEL VERN D
EVP and Chief Admin. Officer
Transactions
- Sale
Common Stock
2018-08-28$88.20/sh−49,000$4,321,678→ 3,500 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2018-08-28−52,500→ 0 totalExercise: $50.69From: 2017-02-24Exp: 2021-02-24→ Common Stock (52,500 underlying) - Exercise/Conversion
Common Stock
2018-08-28$50.69/sh+52,500$2,661,404→ 52,500 total - Sale
Common Stock
2018-08-28$88.93/sh−3,500$311,240→ 0 total
Holdings
- 72,245(indirect: By Trust)
Common Stock
- 43,019(indirect: By Trust)
Common Stock
- 72,242(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]sales at prices ranging from $87.87 per share to $88.87 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 $88.875 per share to $88.99 per share.
- [F4]Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $88.25 per share.
- [F5]Previously reported as option for 35,000 shares at an exercise price of $76.04 per share, but was adjusted to reflect 3-for-2 stock split paid in the form of 50% stock dividend occuring on July 1, 2014.