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|4Feb 21, 12:08 PM ET

National Western Life Group, Inc. 4

4 · National Western Life Group, Inc. · Filed Feb 21, 2017

Insider Transaction Report

Form 4
Period: 2017-02-16
National Western Life Group, Inc.NWLI
Wood Bruce Edwin
NWLIC VP - Controller
Transactions
  • Award

    Restricted Stock Units

    2017-02-16+55→ 55 total
    From: 2020-02-16→ Class A Common Stock (55 underlying)
  • Award

    Stock Appreciation Rights

    2017-02-16+221→ 221 total
    Exercise: $311.16From: 2018-02-16Exp: 2027-02-16→ Class A Common Stock (221 underlying)
Footnotes (3)
  • [F1]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.
  • [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.

Documents

1 file
  • 4
    wf-form4_148769692280200.xmlPrimary

    FORM 4