X0303 4 2010-11-01 0000355429 PROTECTIVE LIFE CORP PL 0001190997 MCMAHON JOHN J JR 2801 HIGHWAY 280, SOUTH BIRMINGHAM AL 35223 1 Common Stock 2010-11-01 4 A 0 117.6394 22.9515 A 48611.1980 I Deferred Compensation Common Stock 77938.0000 I By McLoud Investments Shares acquired through the PLC Def. Comp. Plan for Directors who are not Officers of the Corporation (exempt under Rule 16b-3). I disclaim beneficial ownership of such shares. by Harriette Hyche Attorney-in-Fact for John J. McMahon, Jr. 2010-11-02