SEC Form 4 · accession 0001127602-16-067577
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter W. Schneider
Officer — President
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 4:21 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 15, 2016 | M | 7,824 | $72.50 | A | 30,713 | D | |
| Common StockF2 | Nov 15, 2016 | F | 1,619 | $72.50 | D | 29,094 | D | |
| Common StockF3 | Nov 15, 2016 | F | 4,446 | $72.50 | D | 24,648 | 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 15, 2016 | M | 7,824 | D | — | Feb 11, 2024 | Common Stock | 7,824 | 3,913 | 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.