Wood Bruce Edwin 4
4 · National Western Life Group, Inc. · Filed Dec 15, 2017
Insider Transaction Report
Form 4
Wood Bruce Edwin
NWLIC VP - Controller
Transactions
- Award
Stock Appreciation Rights
2017-12-13+205→ 205 totalExercise: $334.34From: 2018-12-13Exp: 2027-12-13→ Class A Common Stock (205 underlying) - Award
Restricted Stock Units
2017-12-13+51→ 51 totalFrom: 2020-12-13→ Class A Common Stock (51 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.