TORCHMARK CORPORATION (NYSE:TMK) Files An 8-K Temporary Suspension of Trading Under Registrant’s Employee Benefit PlansItem 5.04 Temporary Suspension of Trading Under Registrant’s Benefit Plans.
In a Form 8-K/A dated October 20, 2017, it was reported that the Torchmark Corporation Savings and Investment Plan (the Plan) would change its record keeper. The new record keeper was to be Empower Retirement. This change necessitated a blackout period during which participants in the Plan were temporarily unable to access their account balance and other information, transfer or diversify their investments in the Plan, and obtain a withdrawal, loan or distribution from the Plan. The class of equity securities that was subject to the blackout period was Torchmark Corporation’s common stock.
The blackout period for the Plan during which participants were not able to access their account balance and other information, transfer or diversify their investments in the Plan, and obtain a withdrawal, loan or distribution from the Plan began at 3:00 p.m. Central Time on November 22, 2017 and ended during the week of December 17, 2017 at 2:00 p.m. Central Time on December 20, 2017. Notices of this blackout period were sent to all Plan participants as required under Department of Labor regulations, as well as to all members of the Torchmark Board of Directors and to all of Torchmark’s executive officers.
Questions about Section 306 (a)(1) of the Sarbanes-Oxley Act or questions concerning the blackout period or the blackout period notice were addressed to Cory Newman at Torchmark Corporation (469-525-4253 or [email protected]), 3700 South Stonebridge Drive, McKinney, Texas 75070. During the blackout period and for a period of two years after the ending date of the blackout period, information regarding the actual beginning and ending dates of the blackout period could also be obtained, free of charge by contacting Cory Newman at Torchmark Corporation (469-525-4253 or [email protected]), 3700 South Stonebridge Drive, McKinney, Texas 75070.
Item 9.01 Financial Statements and Exhibits
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(a) |
Financial statements of businesses acquired. |
Not applicable.
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(b) |
Pro forma financial information. |
Not applicable.
(c)Shell company transactions.
Not applicable.
(d) Exhibits.
None.
About TORCHMARK CORPORATION (NYSE:TMK)
Torchmark Corporation is an insurance holding company. The Company, through its subsidiaries, provides a range of life and health insurance products and annuities to a broad base of customers. The Company’s segments include life insurance, health insurance, annuities and investment. The life insurance segment offers whole-life insurance and term life insurance. The Health insurance products are guaranteed-renewable and include Medicare Supplement, critical illness, accident, long-term care and limited-benefit supplemental hospital and surgical coverage’s. Annuities include fixed-benefit contracts. The Company markets its insurance products through various distribution channels, each of which sells the products of its insurance segments. Its primary subsidiaries are American Income Life Insurance Company, Liberty National Life Insurance Company, Globe Life And Accident Insurance Company, United American Insurance Company and Family Heritage Life Insurance Company of America.
