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
Effective as of November 1, 2017, the Torchmark Corporation Savings and Investment Plan will change record keepers from VOYA to Empower Retirement.
This change in record keeper will necessitate a blackout period during which participants in the plan will be unable to effect certain transactions with respect to their plan accounts. During the blackout period, certain transactions in the Torchmark Stock Fund (a fund which invests in shares of Torchmark Corporation’s common stock) will be suspended and plan participants will be 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 blackout period will commence at 3:00 p.m. Central Time on October 24, 2017 and is scheduled to end during the week of November 12, 2017. During the week of November 12, 2017, information regarding whether the blackout period has ended may be obtained, free of charge, by calling Empower at 888-411-4015. No trades can be processed during the blackout period.
Notice of this blackout period was sent, on October 6, 2017, to all members of the Torchmark Board of Directors and to all of Torchmark’s executive officers. The foregoing description of the notice is qualified in its entirety by reference to the notice, which is attached to this Form 8-K as Exhibit 99.1 and which is incorporated by reference herein.
Questions about Section 306(a) of the Sarbanes-Oxley Act or questions regarding the blackout period or the blackout period notice should be 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 may 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. |
None.
(b) Pro forma financial information.
None.
(c) Shell company transactions.
None.
(d) Exhibits.
TORCHMARK CORP ExhibitEX-99.1 2 exhibit-noticeofblackoutpe.htm EXHIBIT 99.1 Exhibit Torchmark Corporation 3700 S. Stonebridge DriveMcKinney,…To view the full exhibit click here
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.
