SEC Form 4 · accession 0001127602-16-044678
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C. Adams
Officer — Executive Vice President
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 10:56 am 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, 2016 | F | 1,017 | $42.19 | D | 40,013 | D | |
| Common StockF2 | Mar 1, 2016 | M | 2,456 | $0.00 | A | 42,469 | D | |
| Common StockF3 | Mar 1, 2016 | F | 762 | $42.19 | D | 41,707 | D | |
| Common StockF2 | Mar 1, 2016 | M | 2,004 | $0.00 | A | 43,711 | D | |
| Common StockF3 | Mar 1, 2016 | F | 622 | $42.19 | D | 43,089 | 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 UnitF4,F5 | — | Mar 1, 2016 | M | 2,456 | D | — | — | Common Stock | 2,456 | 17,584 | D |
| Restricted Stock UnitF4,F5 | — | Mar 1, 2016 | M | 2,004 | D | — | — | Common Stock | 2,004 | 15,580 | D |
Explanation of responses
- F1Represents shares withheld to cover taxes due upon the vesting of restricted shares.
- F2Represents RSUs vested on March 1, 2016.
- F3Represents shares withheld to cover taxes due upon the vesting of RSUs.
- F4Each 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.
- F5The RSUs vest annually on March 1 in three equal installments.