Mills Steven Walter 4
4 · National Western Life Group, Inc. · Filed Dec 30, 2019
Insider Transaction Report
Form 4
Mills Steven Walter
NWLIC - SVP CAO
Transactions
- Award
Restricted Stock Units
2019-12-27+67→ 67 totalFrom: 2022-12-11Exp: 2022-12-11→ Class A Common Stock (67 underlying) - Award
Stock Appreciation Rights
2019-12-27+302→ 302 totalExercise: $252.91From: 2020-12-11Exp: 2029-12-11→ Class A Common Stock (302 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive the cash value of one share of NWLIC Class A common stock based on the 20 day average of the Class A common stock leading up to and including 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.