SEC Form 4 · accession 0001127602-17-011049
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
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 4:22 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 | Mar 7, 2017 | M | 7,971 | $0.00 | A | 81,409 | D | |
| Common StockF2 | Mar 7, 2017 | F | 1,894 | $81.70 | D | 79,515 | D | |
| Common StockF3 | Mar 7, 2017 | F | 4,020 | $81.70 | D | 81,943 | D | |
| Common StockF1 | Mar 7, 2017 | M | 6,448 | $0.00 | A | 85,963 | D | |
| Common StockF2 | Mar 7, 2017 | F | 1,067 | $81.70 | D | 80,876 | D | |
| Common StockF3 | Mar 7, 2017 | F | 4,222 | $81.70 | D | 76,654 | D | |
| Common StockF1 | Mar 7, 2017 | M | 16,714 | $0.00 | A | 84,801 | D | |
| Common StockF2 | Mar 7, 2017 | F | 3,906 | $81.70 | D | 80,895 | D | |
| Common StockF3 | Mar 7, 2017 | F | 8,567 | $81.70 | D | 68,087 | 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 | Mar 7, 2017 | M | 7,971 | D | — | Feb 11, 2024 | Common Stock | 7,971 | 0 | D |
| Employee Stock Option - 2015F4 | $53.50 | Mar 7, 2017 | M | 6,448 | D | — | Feb 23, 2025 | Common Stock | 6,448 | 6,449 | D |
| Employee Stock Option - 2016F4 | $41.88 | Mar 7, 2017 | M | 16,714 | D | — | Feb 24, 2026 | Common Stock | 16,714 | 33,429 | D |
Explanation of responses
- F1Represents a non-qualified stock option granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan.
- F2Represents shares withheld to cover taxes due upon exercise of stock options.
- F3Represents shares withheld to cover exercise costs.
- F4Represents a non-qualified stock option granted under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan. The stock options vest annually on March 1st in three equal installments.