0001797941-24-000004.txt : 20240711
0001797941-24-000004.hdr.sgml : 20240711
20240711133424
ACCESSION NUMBER: 0001797941-24-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240709
FILED AS OF DATE: 20240711
DATE AS OF CHANGE: 20240711
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Anderson Natalie U
CENTRAL INDEX KEY: 0001797941
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55522
FILM NUMBER: 241111670
MAIL ADDRESS:
STREET 1: 10801 N. MOPAC EXPY., BLDG. 3
CITY: AUSTIN
STATE: TX
ZIP: 78759
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: National Western Life Group, Inc.
CENTRAL INDEX KEY: 0001635984
STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O NATIONAL WESTERN LIFE INSURANCE CO.
STREET 2: PO BOX 209080
CITY: AUSTIN
STATE: TX
ZIP: 78720-9080
BUSINESS PHONE: (512) 719-0143
MAIL ADDRESS:
STREET 1: C/O NATIONAL WESTERN LIFE INSURANCE CO.
STREET 2: PO BOX 209080
CITY: AUSTIN
STATE: TX
ZIP: 78720-9080
4
1
wk-form4_1720719258.xml
FORM 4
X0508
4
2024-07-09
0
0001635984
National Western Life Group, Inc.
NWLI
0001797941
Anderson Natalie U
10801 N. MOPAC EXPY., BLDGT. 3
AUSTIN
TX
78759
0
0
0
1
NWLIC - SVP - CIO
0
Class A Common Stock
2024-07-09
4
M
0
1061
218.44
A
1061
D
Class A Common Stock
2024-07-09
4
D
0
1061
500
D
0
D
Class A Common Stock
2024-07-09
4
M
0
2342
220.61
A
2342
D
Class A Common Stock
2024-07-09
4
D
0
2342
500
D
0
D
Class A Common Stock
2024-07-09
4
M
0
80
0
A
80
D
Class A Common Stock
2024-07-09
4
M
0
80
500
D
0
D
Class A Common Stock
2024-07-09
4
M
0
141
0
A
141
D
Class A Common Stock
2024-07-09
4
M
0
141
500
D
0
D
Stock Appreciation Rights
218.44
2024-07-09
4
M
0
1061
0
D
2022-12-14
2031-12-14
Class A Common Stock
1061
0
D
Stock Appreciation Rights
220.61
2024-07-09
4
M
0
2342
0
D
2023-12-14
2032-12-14
Class A Common Stock
2342
0
D
Restricted Stock Units
2024-07-09
4
M
0
80
0
D
2024-12-14
2024-12-14
Class A Common Stock
80
0
D
Restricted Stock Units
2024-07-09
4
M
0
141
0
D
2025-12-14
2025-12-14
Class A Common Stock
141
0
D
On July 9, 2024, at the effective time of the merger between the Issuer and a wholly owned subsidiary of Prosperity Group Holdings LP (the "Merger"), each share of Class A Common Stock, par value $0.01 per share, of the Issuer ("Class A Common Stock") was converted into the right to receive $500.00 in cash, without interest (the "Merger Consideration").
Under the Merger Agreement, at the effective time of the Merger, each SAR became fully vested and was cancelled and converted into the right to receive the excess, if any, of the Merger Consideration over the exercise price of the SAR, without interest, multiplied by the number of shares of Class A Common Stock subject to such award.
The exercise price reflects the weighted average exercise price for the Reporting Person's outstanding SARs.
Each restricted stock unit represents a contingent right to receive, with no additional consideration payable, the cash value of one share of Class A Common Stock.
At the effective time of the Merger, the vesting of each outstanding restricted stock unit ("RSU") was accelerated (if not already vested), with any performance condition deemed achieved at the target, and each RSU was cancelled and converted into the right to receive the Merger Consideration, multiplied by the number of shares of common stock subject to that RSU.
Natalie U. Anderson
2024-07-11