Sec Form 4 Filing - RECORDS GEORGE J SR @ TORCHMARK CORP - 2005-05-05

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 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 RECORDS GEORGE J SR 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) Former Director (Last) (First) (Middle) MIDLAND FINANCIAL CO., 501 W. GRAND BLVD., 6TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 05/05/2005 (Street) OKLAHOMA CITY, OK73118 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 05/05/2005 M 4,210 A $ 37.625 24,860 D Common Stock 05/05/2005 M 29,951 A $ 41.26 54,811 D Common Stock 05/05/2005 M 3,866 A $ 33.9375 58,677 D Common Stock 05/05/2005 M 8,000 A $ 15.9588 66,677 D Common Stock 05/05/2005 M 7,309 A $ 22.1619 73,986 D Common Stock 05/05/2005 M 5,149 A $ 28.3125 79,135 D Common Stock 05/05/2005 M 4,542 A $ 36.3792 83,677 D Common Stock 05/05/2005 M 6,000 A $ 38.79 89,677 D Common Stock 05/05/2005 M 4,125 A $ 38.42 93,802 D Common Stock 05/05/2005 M 6,000 A $ 37.41 99,802 D Common Stock 05/05/2005 M 4,280 A $ 37.41 104,082 D Common Stock 05/05/2005 M 4,344 A $ 45.56 108,426 D Common Stock 05/05/2005 M 6,000 A $ 45.56 114,426 D Common Stock 05/05/2005 S 61,622 D $ 54.77 52,804 D Common Stock 0 I Not Applicable

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 Director Stock Option (Right to Buy) $ 37.625 05/05/2005 M 4,210 07/03/2001 01/03/2012 Common Stock 4,210 $ 0 0 D Director Stock Option (Right to Buy) $ 41.26 05/05/2005 M 29,951 02/09/2002 08/11/2011 Common Stock 29,951 $ 0 20,642 D Director Stock Option (Right to Buy) $ 33.9375 05/05/2005 M 3,866 07/11/1999 01/11/2010 Common Stock 3,866 $ 0 0 D Director Stock Option (Right to Buy) $ 15.9488 05/05/2005 M 8,000 ( 1 ) 12/18/2007 Common Stock 8,000 $ 0 4,000 D Director Stock Option (Right to Buy) $ 22.1619 05/05/2005 M 7,309 ( 2 ) 01/31/2008 Common Stock 7,309 $ 0 3,656 D Director Stock Option (Right to Buy) $ 28.3125 05/05/2005 M 5,149 07/03/2000 01/03/2011 Common Stock 5,149 $ 0 0 D Director Stock Option (Right to Buy) $ 36.3792 05/05/2005 M 4,542 ( 3 ) 02/10/2009 Common Stock 4,542 $ 0 3,408 D Director Stock Option (Right to Buy) $ 38.79 05/05/2005 M 6,000 07/02/2002 01/04/2012 Common Stock 6,000 $ 0 0 D Director Stock Option (Right to Buy) $ 38.42 05/05/2005 M 4,125 07/07/2002 01/07/2013 Common Stock 4,125 $ 0 0 D Director Stock Option (Right to Buy) $ 37.41 05/05/2005 M 6,000 07/02/2003 01/04/2013 Common Stock 6,000 $ 0 0 D Director Stock Option (Right to Buy) $ 37.41 05/05/2005 M 4,280 07/02/2003 01/02/2014 Common Stock 4,280 $ 0 0 D Director Stock Option (Right to Buy) $ 45.56 05/05/2005 M 4,344 07/02/2004 01/02/2015 Common Stock 4,344 $ 0 0 D Director Stock Option (Right to Buy) $ 45.56 05/05/2005 M 6,000 07/02/2004 01/04/2014 Common Stock 6,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other RECORDS GEORGE J SR MIDLAND FINANCIAL CO. 501 W. GRAND BLVD., 6TH FLOOR OKLAHOMA CITY, OK73118 Former Director Signatures George J. Records, Sr., By:/s/Carol A. McCoy, Attorney-in-fact 05/09/2005 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Vests as to 1/10 of option shares per year on anniversary of original grant date, commencing 12/18/1997. ( 2 )Vests as to 1/10 of option shares per year on anniversary of original grant date, commencing 1/31/1998. ( 3 )Vests as to 1/10 of option shares per year on anniversary of original grant date, commencing 2/10/1999.

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 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).

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