"Thanks so much Steve, this helps a lot. Appreciate you detailing your experiences. I shot about 30 rounds the other day that were first fired in the M1917 and I did neck size only and I did not have any primers back out but they did show the beginning signs of the primer flattening."
You are very welcome. jmorris' post/video above is a good reference for die setup!! I bought a separate Redding body die and Type S neck die. That is a more expensive route. But that is my choice and not the only choice. Simply backing out the FL die and screwing it down until you can just chamber a unloaded brass case works all day long and twice on Sunday. And you will only need to do this when you neck sized case start sticking upon extraction. Maybe every 3-4 loadings... depending.
What you see here is still the same thing happening but probably with a higher pressure load that you fired in your OP, if I had to guess. What is happening is the brass case expands from the powder burning causing pressure. And for a fraction of a second the brass literally sticks to the side of the chamber and completely seals the chamber up. Its at this point that the primer can back out because the brass is held in place by the chamber walls and is not sitting all the way back against the bolt face. That little gap allows the primer to backout giving you the indication of excessive headspace. Eventually the pressure subsides and the case shrinks and you pull the bolt back and you see the protruding primer upon easy extraction.
Now if you repeat the same process above with say, add another grain of powder to increase pressure, the case expands and sticks, primer backs out, but then at some point the pressure exceeds the friction of the brass sticking to the chamber walls and the brass slams back against the bolt face with the protruding primer getting caught between the bolt face (which doesn't move) and the brass slamming back. It flattens the primer in the process. This gives the indication of excessive pressure when in reality it is light pressure.
By adding in the imperial sizing wax as a lube, you are preventing the brass from "sticking" and the brass slides back against the bolt face upon expansion and the primer never backs out. Then you end up with a normal looking with very rounded corner and easy extraction. All this indicating a light pressure load upon extraction and inspection the way it should be. You won't have protruding or flattened primers with all else being equal using this lube on the brass. Keep your locking lugs greased up so no galling is created. Normally doesn't happen with carbon steal bolts and action abutments. But galling does/can happen when dealing with SS action abutments. Just a little grease. Wheel bearing grease, any of the standard gun greases, etc. Don't have to be too particular in this application with a bolt gun. Just make sure there is grease there.
Hope that helps. My M1917 still shoots 5/8 to 3/4" 5 shot groups at 100yd with my full house 180gr Nosler BT hunting load. Not bad for an old war horse that is 106 years old. My barrel is stamped as 12/17 manufacture date. Enjoy your piece of history.
Steve