SEC Form 4 · accession 0001127602-16-055321
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter W. Schneider
Officer — Exec. VP and General Counsel
Period of report
Jun 8, 2016
Accepted (ET)
Jun 10, 2016 · 4:09 pm EDT
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 | Jun 8, 2016 | M | 14,706 | $0.00 | A | 34,233 | D | |
| Common StockF2 | Jun 8, 2016 | F | 11,344 | $58.18 | D | 22,889 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option - 2013F3 | $32.63 | Jun 8, 2016 | M | 14,706 | D | — | Feb 20, 2023 | Common Stock | 14,706 | 0 | D |
Explanation of responses
- F1Represents the exercise of non-qualified stock options granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan.
- F2Represents shares withheld to cover exercise costs and taxes due upon exercise of stock options.
- F3Represents a non-qualified stock option granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan. The stock options vest in three equal annual installments March 1st 2014, 2015 and 2016.