National Western Life Group, Inc.·4

Dec 30, 2:23 PM ET

Van De Berg Stephen M 4

4 · National Western Life Group, Inc. · Filed Dec 30, 2019

Insider Transaction Report

Form 4
Period: 2019-12-27
Transactions
  • Award

    Stock Appreciation Rights

    2019-12-27+477477 total
    Exercise: $252.91From: 2020-12-11Exp: 2029-12-11Class A Common Stock (477 underlying)
  • Award

    Restricted Stock Units

    2019-12-27+105105 total
    From: 2022-12-11Exp: 2022-12-11Class A Common Stock (105 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.

Documents

1 file
  • 4
    wf-form4_157773382015800.xmlPrimary

    FORM 4