Mills Steven Walter 4
4 · National Western Life Group, Inc. · Filed Dec 11, 2020
Insider Transaction Report
Form 4
Mills Steven Walter
NWLIC - SVP CAO
Transactions
- Award
Stock Appreciation Rights
2020-12-09+584→ 584 totalExercise: $192.10From: 2021-12-09Exp: 2030-12-09→ Class A Common Stock (584 underlying) - Award
Restricted Stock Units
2020-12-09+88→ 88 totalFrom: 2023-12-09Exp: 2023-12-09→ Class A Common Stock (88 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.