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National Western Life Group, Inc.·4

Dec 16, 5:50 PM ET

Van De Berg Stephen M 4

4 · National Western Life Group, Inc. · Filed Dec 16, 2021

Insider Transaction Report

Form 4
Period: 2021-12-14
National Western Life Group, Inc.NWLI
Van De Berg Stephen M
Other
Transactions
  • Award

    Restricted Stock Units

    2021-12-14+125→ 125 total
    From: 2024-12-14Exp: 2024-12-14→ Class A Common Stock (125 underlying)
  • Award

    Stock Appreciation Rights

    2021-12-14+1,660→ 1,660 total
    Exercise: $218.44From: 2022-12-14Exp: 2031-12-14→ Class A Common Stock (1,660 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_163969504018604.xmlPrimary

    FORM 4