SEC Form 4 · accession 0001127602-15-010091
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A. Addison Jr.
Officer — Co-Chief Executive Officer · Director
Period of report
Mar 1, 2015
Accepted (ET)
Mar 4, 2015 · 4:47 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 | M | 6,696 | $0.00 | A | 111,533 | D | |
| Common StockF2 | Mar 1, 2015 | F | 3,054 | $52.74 | D | 108,479 | D | |
| Common StockF3 | Mar 2, 2015 | M | 26,381 | $0.00 | A | 134,860 | D | |
| Common StockF4 | Mar 2, 2015 | S | 4,929 | $53.0832 | D | 129,931 | D | |
| Common StockF5 | Mar 2, 2015 | F | 16,217 | $53.0832 | D | 113,714 | D | |
| Common StockF3 | Mar 2, 2015 | M | 10,045 | $0.00 | A | 123,759 | D | |
| Common StockF4 | Mar 2, 2015 | S | 1,104 | $53.3614 | D | 122,655 | D | |
| Common StockF5 | Mar 2, 2015 | F | 7,756 | $53.0832 | D | 114,899 | 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 UnitF6,F7 | — | Mar 1, 2015 | M | 6,696 | D | — | — | Common Stock | 6,696 | 36,758 | D |
| Employee Stock OptionF8 | $32.63 | Mar 2, 2015 | M | 26,381 | D | — | Feb 20, 2023 | Common Stock | 26,381 | 13,191 | D |
| Employee Stock Option - 2014F8 | $41.20 | Mar 2, 2015 | M | 10,045 | D | — | Feb 11, 2024 | Common Stock | 10,045 | 20,090 | D |
Explanation of responses
- F1Represents RSUs vested on March 1, 2015.
- F2Represents shares withheld to cover taxes due upon the vesting of RSUs.
- F3Represents exercised stock options.
- F4Shares sold to cover taxes upon exercise of stock options
- F5Shares withheld for exercise delivery price.
- F6Each 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.
- F7Each RSU is granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan and vests on March 1 annually in three equal installments.
- F8Represents a non-qualified stock option granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan. The stock options vest on Mar 1 annually in three equal installments.