FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * WILLIAMS GLENN D   2. Issuer Name and Ticker or Trading Symbol TORCHMARK CORP [TMK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) __X__ Other (specify below) EVP of Principal Subsidiary (Last) (First) (Middle) GLOBE LIFE AND ACCIDENT INS. COMPANY, 204 NORTH ROBINSON 3. Date of Earliest Transaction (Month/Day/Year) 04/27/2004 (Street) OKLAHOMA CITY, OK 73102 4. If Amendment, Date Original Filed(Month/Day/Year) 04/29/2004 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/27/2004   M   10,000 A $ 27.8125 26,928 D   Common Stock 04/27/2004   M   18,000 A $ 37.375 44,928 D   Common Stock 04/27/2004   S   28,000 D $ 51.7436 16,928 D   Common Stock               1,828 (1) (2) I Thrift Plan Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 27.8125

04/27/2004

M

10,000

12/21/2002

12/23/2009

Common Stock

10,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 37.375

04/27/2004

M

18,000

12/20/2003

12/22/2010

Common Stock

18,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WILLIAMS GLENN D GLOBE LIFE AND ACCIDENT INS. COMPANY 204 NORTH ROBINSON OKLAHOMA CITY, OK 73102				EVP of Principal Subsidiary

Signatures

Glenn D. Williams, /s/Carol A. McCoy, Attorney-in-fact		12/03/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	Shares in unitized fund in employee benefit plan - estimated conversion of $ balance to shares using $51.60 per share.
(2)	Amendment filed to correct calculation error in estimate conversion of $ balance to shares from unitized fund in employee benefit plan.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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