SEC Form 4 · accession 0001127602-15-010062
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory C. Pitts
Officer — Executive VP and COO
Period of report
Mar 1, 2015
Accepted (ET)
Mar 4, 2015 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001475922
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2015 | F | 934 | $52.74 | D | 20,558 | D | |
| Common StockF2 | Mar 1, 2015 | M | 3,069 | $0.00 | A | 23,627 | D | |
| Common StockF3 | Mar 1, 2015 | F | 1,267 | $52.74 | D | 22,360 | D | |
| Common StockF4 | Mar 2, 2015 | M | 4,198 | $0.00 | A | 26,558 | D | |
| Common StockF5 | Mar 2, 2015 | S | 533 | $52.65 | D | 26,025 | D | |
| Common StockF6 | Mar 2, 2015 | S | 1,031 | $52.65 | D | 24,994 | D | |
| Common StockF7 | Mar 2, 2015 | F | 2,634 | $52.65 | D | 22,360 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF8,F9 | — | Mar 1, 2015 | M | 3,069 | D | — | — | Common Stock | 3,069 | 14,019 | D |
| Employee Stock OptionF10 | $32.63 | Mar 2, 2015 | M | 4,198 | D | — | Feb 20, 2023 | Common Stock | 4,198 | 4,198 | D |
Explanation of responses
- F1Represents shares withheld to cover taxes due upon the vesting of restricted shares.
- F10Represents a non-qualified stock option granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan. The stock options vest on March 1 annually in three equal installments.
- F2Represents RSUs vested on March 1, 2015.
- F3Represents shares withheld to cover taxes due upon the vesting of RSUs.
- F4Represents exercised stock options.
- F5Shares sold to cover taxes upon exercise of stock options.
- F6Represents shares sold upon exercise of stock options.
- F7Shares withheld for exercise delivery price.
- F8Each RSU is granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan and represents a contingent right to receive one share of PRI common stock.
- F9Each RSU is granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan and vests on March 1 annually in three equal installments.