SEC Form 4 · accession 0001127602-16-066943
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
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 4:12 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 | Nov 9, 2016 | M | 3,348 | $62.00 | A | 18,569 | D | |
| Common StockF2 | Nov 9, 2016 | F | 2,224 | $62.00 | D | 16,345 | D | |
| Common StockF3 | Nov 9, 2016 | F | 415 | $62.00 | D | 15,930 | D | |
| Common StockF4 | Nov 9, 2016 | S | 709 | $62.00 | D | 15,221 | D | |
| Common StockF1 | Nov 9, 2016 | M | 3,348 | $62.00 | A | 18,569 | D | |
| Common StockF2 | Nov 9, 2016 | F | 2,224 | $62.00 | D | 16,345 | D | |
| Common StockF3 | Nov 9, 2016 | F | 415 | $62.00 | D | 15,930 | D | |
| Common StockF4 | Nov 9, 2016 | S | 709 | $62.00 | D | 15,221 | 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 - 2014F5 | $41.20 | Nov 9, 2016 | M | 3,348 | D | — | Feb 11, 2024 | Common Stock | 3,348 | 6,696 | D |
| Employee Stock Option - 2014F5 | $41.20 | Nov 9, 2016 | M | 3,348 | D | — | Feb 11, 2024 | Common Stock | 3,348 | 3,348 | 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.
- F3Represents shares sold to cover taxes upon exercise of stock options.
- F4Shares sold pursuant to 10b5-1 trading plan.
- F5Represents a non-qualified stock option granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan. The stock option vests in three equal installments on March 1 2015, 2016 and 2017.