4//SEC Filing
Pribyl Brian Mark 4
Accession 0001464826-24-000002
CIK 0001635984other
Filed
Jul 10, 8:00 PM ET
Accepted
Jul 11, 1:26 PM ET
Size
24.1 KB
Accession
0001464826-24-000002
Insider Transaction Report
Form 4
Pribyl Brian Mark
Sr VP - CFO
Transactions
- Exercise/Conversion
Class A Common Stock
2024-07-09$500.00/sh−163$81,500→ 0 total - Exercise/Conversion
Restricted Stock Units
2024-07-09−289→ 0 totalFrom: 2025-12-14Exp: 2025-12-14→ Class A Common Stock (289 underlying) - Exercise/Conversion
Class A Common Stock
2024-07-09+163→ 163 total - Exercise/Conversion
Class A Common Stock
2024-07-09$500.00/sh−289$144,500→ 0 total - Exercise/Conversion
Stock Appreciation Rights
2024-07-09−3,211→ 0 totalExercise: $220.61From: 2023-12-14Exp: 2032-12-14→ Class A Common Stock (3,211 underlying) - Exercise/Conversion
Restricted Stock Units
2024-07-09−163→ 0 totalFrom: 2024-12-14Exp: 2024-12-14→ Class A Common Stock (163 underlying) - Exercise/Conversion
Class A Common Stock
2024-07-09$218.44/sh+723$157,932→ 723 total - Disposition to Issuer
Class A Common Stock
2024-07-09$500.00/sh−3,211$1,605,500→ 0 total - Exercise/Conversion
Class A Common Stock
2024-07-09+289→ 289 total - Disposition to Issuer
Class A Common Stock
2024-07-09$500.00/sh−723$361,500→ 0 total - Exercise/Conversion
Class A Common Stock
2024-07-09$220.61/sh+3,211$708,379→ 3,211 total - Exercise/Conversion
Stock Appreciation Rights
2024-07-09−723→ 0 totalExercise: $218.44From: 2022-12-14Exp: 2031-12-14→ Class A Common Stock (723 underlying)
Footnotes (5)
- [F1]On July 9, 2024, at the effective time of the merger between the Issuer and a wholly owned subsidiary of Prosperity Group Holdings LP (the "Merger"), each share of Class A Common Stock, par value $0.01 per share, of the Issuer ("Class A Common Stock") was converted into the right to receive $500.00 in cash, without interest (the "Merger Consideration").
- [F2]Under the Merger Agreement, at the effective time of the Merger, each SAR became fully vested and was cancelled and converted into the right to receive the excess, if any, of the Merger Consideration over the exercise price of the SAR, without interest, multiplied by the number of shares of Class A Common Stock subject to such award.
- [F3]The exercise price reflects the weighted average exercise price for the Reporting Person's outstanding SARs.
- [F4]Each restricted stock unit represents a contingent right to receive, with no additional consideration payable, the cash value of one share of Class A Common Stock.
- [F5]At the effective time of the Merger, the vesting of each outstanding restricted stock unit ("RSU") was accelerated (if not already vested), with any performance condition deemed achieved at the target, and each RSU was cancelled and converted into the right to receive the Merger Consideration, multiplied by the number of shares of common stock subject to that RSU.
Documents
Issuer
National Western Life Group, Inc.
CIK 0001635984
Entity typeother
Related Parties
1- filerCIK 0001464826
Filing Metadata
- Form type
- 4
- Filed
- Jul 10, 8:00 PM ET
- Accepted
- Jul 11, 1:26 PM ET
- Size
- 24.1 KB