X0201 4 2003-12-01 0 0000355429 PROTECTIVE LIFE CORP PL 0001192248 MASSENGALE JIMMY E 2801 HIGHWAY 280 SOUTH BIRMINGHAM AL 35223 0 1 0 0 Exec VP Common Stock 2003-12-01 4 J 0 112047.5507 0 A 116452.5507 D Common Stock 2003-12-01 4 F 0 34204.5507 0 D 82248.0000 D Common Stock 2003-12-01 4 S 0 33400 33.0041 D 48848.0000 D Common Stock 2003-12-02 4 S 0 21600 32.8000 D 27248.0000 D Common Stock 2003-12-01 4 A 0 14047.6525 31.6880 A 112047.5508 I Deferred Compensation Common Stock 2003-12-01 4 J 0 112047.5507 0 D 0.0001 I Deferred Compensation Common Stock 496.3072 I By 401(k) SAR 2 22.3100 2005-03-06 2010-03-06 SAR 10000 10000 D SAR 4 32.0000 2007-03-04 2012-03-04 SAR 30000 30000 D SAR 5 26.4900 2008-03-03 2013-03-03 SAR 15000 15000 D Change in beneficial ownership. Actual amount of distribution of shares from PLC Deferred Compensation Plan for officers of the Corporation (exempt under Rule 16b-3) was 112,047.5507 less 34,204.5507, withholding, equals 77,843 shares now held directly that were previously reported as indirectly held. Change in nature of beneficial ownership. Withholding of Deferred Compensation Shares to satisfy the withholding obligation upon distribution from PLC Deferred Compensation Plan to reporting person. Shares acquired through PLC Deferred Compensation Plan for officers of the Corporation (exempt under Rule 16b-3). Change in beneficial ownership. Shares acquired through PLC Def. Comp. Plan for officers of the Corporation (exempt under Rule 16b-3). Total shares held by reporting person in PLC's 401(k) & Stock Ownership Plan as of 11/30/03 Previously reported Stock Appreciation Right (SAR). Previously reported Stock Appreciation Right (SAR). Previously reported Stock Appreciation Right (SAR). By: s/Harriette Hyche Attorney-in-Fact 2003-12-03