SEC Form 4 · accession 0001127602-18-023700
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 8, 2018
Accepted (ET)
Jul 23, 2018 · 4:13 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 | Jul 19, 2018 | M | 16,714 | $107.45 | A | 80,656 | D | |
| Common StockF2 | Jul 19, 2018 | F | 6,514 | $107.45 | D | 74,142 | D | |
| Common StockF3 | Jul 19, 2018 | F | 4,625 | $107.45 | D | 69,517 | D | |
| Common StockF1 | Jul 19, 2018 | M | 6,449 | $107.45 | A | 75,966 | D | |
| Common StockF2 | Jul 19, 2018 | F | 3,211 | $107.45 | D | 72,755 | D | |
| Common StockF3 | Jul 19, 2018 | F | 1,468 | $107.45 | D | 71,287 | 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 - 2016F4 | $41.88 | Jul 19, 2018 | M | 16,714 | D | — | Feb 24, 2026 | Common Stock | 16,714 | 16,715 | D |
| Employee Stock Option - 2015F5 | $53.50 | Jul 19, 2018 | M | 6,449 | D | — | Feb 23, 2025 | Common Stock | 6,449 | 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.
- F3Represents shares withheld to cover taxes due upon exercise of stock options.
- F4Represents a non-qualified stock option grant under the Issuer's Amended and Restated 2010 Omnibus Incentive Plan. The stock options vest in three equal annual installments March 1st 2017, 2018 and 2019.
- 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 1st 2016, 2017, and 2018.