X0202 4 2007-05-17 0 0000355429 PROTECTIVE LIFE CORP PL 0001192255 THIGPEN CARL S 2801 HIGHWAY 280 SOUTH BIRMINGHAM AL 35223 0 1 0 0 Sr. VP Common Stock 2007-05-17 4 A 0 182 47.3230 A 8947.0000 D Common Stock 2007-05-17 4 F 0 100 47.3230 D 8847.0000 D Common Stock 2007-05-17 4 A 0 2859.48 47.3230 A 5662.5860 I Deferred Compensation Common Stock 7848.8749 I By 401(k) SAR 10 41.0500 2010-03-04 2015-03-04 SAR 35000.0000 35000.0000 D SAR 11 43.4600 2008-03-05 2017-03-05 SAR 1850.0000 1850.0000 D SAR 11a 43.4600 2009-03-05 2017-03-05 SAR 1850.0000 1850.0000 D SAR 11b 43.4600 2010-03-05 2017-03-05 SAR 1850.0000 1850.0000 D SAR 11c 43.4600 2011-03-05 2017-03-05 SAR 1850.0000 1850.0000 D SAR 4 32.0000 2007-03-04 2012-03-04 SAR 15000.0000 15000.0000 D Shares acquired through PLC Def. Comp. Plan for Officers of the Corporation (exempt under Rule 16b-3).Total amount in Col. 5 includes dividend shares acquired under the PLC Def. Comp. Plan for Officers exempt under Rule 16-a 11. Total Shares held by reporting person in PLC's 401(k) & Stock Ownership Plan as of 4/30/07. Previously reported Stock Appreciation Right (SAR). By: by Harriette Hyche Attorney-in-Fact for 2007-05-18