Perez Rey JR 4
4 · National Western Life Group, Inc. · Filed Dec 13, 2023
Insider Transaction Report
Form 4
Perez Rey JR
Sr VP - CLO & Secretary
Transactions
- Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−198$95,345→ 110 total - Exercise/Conversion
Class A Common Stock
2023-12-11$192.10/sh+2,212$424,925→ 2,322 total - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−291→ 0 totalExercise: $216.48From: 2017-02-17Exp: 2026-02-17→ Class A Common Stock (291 underlying) - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−1,365→ 2,732 totalExercise: $218.44From: 2022-12-14Exp: 2031-12-14→ Class A Common Stock (1,365 underlying) - Exercise/Conversion
Class A Common Stock
2023-12-11$218.44/sh+1,365$298,171→ 1,475 total - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−2,212→ 0 totalExercise: $192.10From: 2021-12-09Exp: 2030-12-09→ Class A Common Stock (2,212 underlying) - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−291$140,128→ 110 total - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−213$102,568→ 110 total - Exercise/Conversion
Class A Common Stock
2023-12-11$480.32/sh−332$159,466→ 110 total - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−500$240,770→ 110 total - Exercise/Conversion
Class A Common Stock
2023-12-11$334.34/sh+198$66,199→ 308 total - Exercise/Conversion
Class A Common Stock
2023-12-11$252.91/sh+1,146$289,835→ 1,256 total - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−1,146$551,845→ 110 total - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−500→ 0 totalExercise: $210.22From: 2014-12-11Exp: 2023-12-11→ Class A Common Stock (500 underlying) - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−198→ 0 totalExercise: $334.34From: 2018-12-13Exp: 2027-12-13→ Class A Common Stock (198 underlying) - Exercise/Conversion
Class A Common Stock
2023-12-11+332→ 442 total - Exercise/Conversion
Class A Common Stock
2023-12-11$210.22/sh+500$105,110→ 610 total - Exercise/Conversion
Class A Common Stock
2023-12-11$216.48/sh+291$62,996→ 401 total - Exercise/Conversion
Class A Common Stock
2023-12-11$311.16/sh+213$66,277→ 323 total - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−1,365$657,302→ 110 total - Exercise/Conversion
Class A Common Stock
2023-12-11$303.77/sh+375$113,914→ 485 total - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−375$180,578→ 110 total - Disposition to Issuer
Class A Common Stock
2023-12-11$481.54/sh−2,212$1,065,166→ 110 total - Exercise/Conversion
Restricted Stock Units
2023-12-11−332→ 0 totalFrom: 2023-12-09Exp: 2023-12-09→ Class A Common Stock (332 underlying) - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−213→ 0 totalExercise: $311.16From: 2018-02-16Exp: 2027-02-16→ Class A Common Stock (213 underlying) - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−375→ 0 totalExercise: $303.77From: 2019-12-12Exp: 2028-12-12→ Class A Common Stock (375 underlying) - Exercise/Conversion
Stock Appreciation Rights
2023-12-11−1,146→ 0 totalExercise: $252.91From: 2020-12-11Exp: 2029-12-11→ Class A Common Stock (1,146 underlying)
Footnotes (4)
- [F1]The Restricted Stock Unit vested in full on December 9, 2023, and without any action or discretion by the Reporting Person he received a cash payment equal to the value of the shares on the vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive, with no additional consideration payable, the cash value of one share of NWLI Class A common stock on the Date Exercisable.
- [F3]The exercised SARs include 500 SARs with an exercise price of $210.22 per share that were scheduled to expire on December 11, 2023, in accordance with the original terms of the grant of those SARs.
- [F4]The SARs are exercisable as they vest. The SARs vest in three equal annual installments beginning on the Date Exercisable.