Rey Perez JR Form 3 NATIONAL WESTERN LIFE INSURANCE / Rey Perez JR ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Perez Rey JR

(Last) (First) (Middle)

850 E. ANDERSON LANE

(Street)

AUSTIN TX 78752

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2015

3. Issuer Name and Ticker or Trading Symbol
NATIONAL WESTERN LIFE INSURANCE CO [ NWLI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Sr. V.P. - CLO & Secretary

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights	12/11/2016(1)	12/11/2023	Class A Common Stock	500	210.22	D
Stock Appreciation Rights	12/14/2014(1)	12/14/2021	Class A Common Stock	250	132.56	D
Stock Appreciation Rights	02/19/2015(3)	02/19/2019	Class A Common Stock	100	114.64	D
Non Qualified Stock Options	04/18/2011(2)	04/18/2018	Class A Common Stock	250	255.13	D

Explanation of Responses:

1. The SARs are exercisable as they vest. The SARs vest in five equal annual installments beginning on the Date Exercisable.

2. The options are exercisable as they vest. The options vest in five equal annual installments beginning on the Date Exercisable.

3. The SARs are exercisable as they vest. The SARs vest in two equal annual installments beginning on the Date Exercisable.

Remarks:

	Rey Perez	03/25/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.