Form Type: 4

SEC EDGAR Link
Accession Number:0001465657-19-000006
Date:2019-12-27
Issuer: NATIONAL WESTERN LIFE GROUP, INC. (NWLI)
Original Submission Date:

Reporting Person:

MILOS CHARLES D
10801 N. MOPAC EXPY BLDG 3
AUSTIN, TX 78759

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2019-12-27 deemed execution date A 258 (a) 2020-12-11 2020-12-11 class a common stock 258 $0.00 258 direct
RESTRICTED STOCK UNITS 0.0 2019-12-27 deemed execution date A 85 (a) 2022-12-11 2022-12-11 class a common stock 85 $0.00 85 direct
STOCK APPRECIATION RIGHTS 252.91 2019-12-27 deemed execution date A 388 (a) 2020-12-11 2029-12-11 class a common stock 388 $252.91 388 direct
Footnotes
IDfootnote
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.
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