XNYS:PL Protective Life Corp Insider Activity 4 Filing - 5/3/2012

Effective Date 5/3/2012

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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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Adams D Scott
  2. Issuer Name and Ticker or Trading Symbol
PROTECTIVE LIFE CORP [PL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SR VP, CHIEF HUMAN RESOURCES
(Last)
(First)
(Middle)
2801 HIGHWAY 280, SOUTH
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2012
(Street)

BIRMINGHAM, AL 35223
4. If Amendment, Date 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
(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 05/03/2012   A   2,840 A $28.7 52,752.9638 D  
Common Stock 05/03/2012   F   831 D $28.7 51,921.9638 D  
Common Stock               744.437 I By 401(k)(1)
Common Stock               853.2151 I Deferred Compensation(2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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
SAR(3) $18.36             02/26/2011 02/26/2020 Common Stock 3,067   3,067 D  
SAR(3) $18.36             02/26/2012 02/26/2020 Common Stock 3,067   3,067 D  
SAR(3) $18.36             02/26/2013 02/26/2020 Common Stock 3,066   3,066 D  
SAR(3) $38.59             02/28/2009 02/28/2018 Common Stock 1,200   1,200 D  
SAR(3) $38.59             02/28/2010 02/28/2018 Common Stock 1,200   1,200 D  
SAR(3) $38.59             02/28/2011 02/28/2018 Common Stock 1,200   1,200 D  
SAR(3) $38.59             02/29/2012 02/28/2018 Common Stock 1,200   1,200 D  
SAR(3) $43.46             03/05/2008 03/05/2017 Common Stock 825   825 D  
SAR(3) $43.46             03/05/2009 03/05/2017 Common Stock 825   825 D  
SAR(3) $43.46             03/05/2010 03/05/2017 Common Stock 825   825 D  
SAR(3) $43.46             03/05/2011 03/05/2017 Common Stock 825   825 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Adams D Scott
2801 HIGHWAY 280, SOUTH
BIRMINGHAM, AL 35223
      SR VP, CHIEF HUMAN RESOURCES  

Signatures

 by Alfred F. Delchamps, III, Attorney-in-Fact for D. Scott Adams   05/07/2012
** 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) Total shares held by reporting person in PLC's 401(k) and Stock Ownership Plan.
(2) Shares acquired through PLC Deferred Compensation Plan for Officers of the Corporation (exempt under Rule 16b-3).
(3) Previously reported Stock Appreciation Right (SAR).

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

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNYS:PL Protective Life Corp Insider Activity 4 Filling

Protective Life Corp XNYS:PL Stock - Get Insider Activity SEC Filing of Protective Life Corp XNYS:PL stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

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XNYS:PL Protective Life Corp Insider Activity 4 Filing - 5/3/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity

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