SEC Form 4 · accession 0001127602-16-067188
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn J. Williams
Officer — Chief Executive Officer · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 15, 2016 · 4:11 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 14, 2016 | M | 15,940 | $68.80 | A | 80,536 | D | |
| Common StockF2 | Nov 14, 2016 | F | 3,066 | $68.80 | D | 77,470 | D | |
| Common StockF3 | Nov 14, 2016 | F | 9,545 | $68.80 | D | 67,925 | D | |
| Common StockF1 | Nov 14, 2016 | M | 6,448 | $68.80 | A | 74,373 | D | |
| Common StockF2 | Nov 14, 2016 | F | 687 | $68.80 | D | 73,686 | D | |
| Common StockF3 | Nov 14, 2016 | F | 5,014 | $68.80 | D | 68,672 | 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 - 2014F4 | $41.20 | Nov 14, 2016 | M | 15,940 | D | — | Feb 11, 2024 | Common Stock | 15,940 | 7,971 | D |
| Employee Stock Option - 2015F5 | $53.50 | Nov 14, 2016 | M | 6,448 | D | — | Feb 23, 2025 | Common Stock | 6,448 | 12,897 | 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 taxes due upon exercise of options.
- F3Represents shares withheld for exercise costs.
- F4Represents 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.
- 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 2016, 2017, and 2018.