National Western Life Group, Inc. 4
4 · National Western Life Group, Inc. · Filed Feb 19, 2016
Insider Transaction Report
Form 4
Wood Bruce Edwin
NWLIC VP - Controller
Transactions
- Award
Stock Appreciation Rights
2016-02-17+308→ 308 totalExercise: $216.48From: 2017-02-17Exp: 2026-02-17→ Class A Common Stock (308 underlying) - Award
Restricted Stock Units
2016-02-17+77→ 77 totalFrom: 2019-02-17→ Class A Common Stock (77 underlying)
Footnotes (3)
- [F1]The SARs are exercisable as they vest. The SARs vest in three equal annual installments beginning on the Date Exercisable.
- [F2]Each restricted stock unit represents a contingent right to receive the cash value of one share of NWLI Class A common stock on the Date Exercisable.
- [F3]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.