SEC Form 4 · accession 0001127602-19-009906
Primerica, Inc. · PRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory C. Pitts
Officer — Executive VP and COO
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 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 Stock | Mar 1, 2019 | M | 3,486 | $0.00 | A | 16,095 | D | |
| Common Stock | Mar 1, 2019 | F | 1,463 | $125.04 | D | 14,632 | D | |
| Common Stock | Mar 1, 2019 | M | 1,864 | $0.00 | A | 16,496 | D | |
| Common Stock | Mar 1, 2019 | F | 797 | $125.04 | D | 15,699 | D | |
| Common Stock | Mar 1, 2019 | M | 1,491 | $0.00 | A | 17,190 | D | |
| Common Stock | Mar 1, 2019 | F | 638 | $125.04 | D | 16,552 | D | |
| Common Stock | Mar 1, 2019 | A | 3,546 | $0.00 | A | 20,098 | D | |
| Common Stock | Mar 1, 2019 | F | 1,068 | $125.04 | D | 19,030 | 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 | 3,486 | D | — | — | Common Stock | 3,486 | 12,281 | D |
| Restricted Stock UnitF5,F6 | — | Mar 1, 2019 | M | 1,864 | D | — | — | Common Stock | 1,864 | 10,417 | D |
| Restricted Stock UnitF5,F6 | — | Mar 1, 2019 | M | 1,491 | D | — | — | Common Stock | 1,491 | 8,926 | 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.