SEC Form 4 · accession 0001127602-19-009895
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 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:06 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 1, 2019 | M | 8,357 | $0.00 | A | 67,644 | D | |
| Common StockF2 | Mar 1, 2019 | F | 3,573 | $125.04 | D | 64,071 | D | |
| Common StockF1 | Mar 1, 2019 | M | 5,697 | $0.00 | A | 69,768 | D | |
| Common StockF2 | Mar 1, 2019 | F | 2,436 | $125.04 | D | 67,332 | D | |
| Common StockF1 | Mar 1, 2019 | M | 4,558 | $0.00 | A | 71,890 | D | |
| Common StockF2 | Mar 1, 2019 | F | 1,949 | $125.04 | D | 69,941 | D | |
| Common StockF3 | Mar 1, 2019 | A | 10,345 | $0.00 | A | 80,286 | D | |
| Common StockF4 | Mar 1, 2019 | F | 4,666 | $125.04 | D | 75,620 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5,F6 | — | Mar 1, 2019 | M | 8,357 | D | — | — | Common Stock | 8,357 | 36,281 | D |
| Restricted Stock UnitF5,F6 | — | Mar 1, 2019 | M | 5,697 | D | — | — | Common Stock | 5,697 | 30,584 | D |
| Restricted Stock UnitF5,F6 | — | Mar 1, 2019 | M | 4,558 | D | — | — | Common Stock | 4,558 | 26,026 | D |
Explanation of responses
- F1Represents RSUs vested on March 1, 2019.
- F2Represents shares withheld to cover taxes due upon the vesting of RSUs.
- F3Represents the payout of shares in connection with the vesting of Performance Stock Units (PSUs) granted under the Issuer's Second Amended and Restated 2010 Omnibus Incentive Plan. The PSUs had a three year performance period and are settled in common stock.
- F4Represents shares withheld to cover taxes upon the vesting of PSUs.
- F5Each RSU is granted under the Issuer's Second Amended and Restated 2010 Omnibus Incentive Plan and represents a contingent right to receive one share of PRI common stock.
- F6The RSUs vest annually in three equal installments beginning March 1st of the year following the grant.