SEC Form 3 · accession 0001104659-18-029351
PRA Health Sciences, Inc. · PRAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Bonello
Officer — Exec VP & CFO
Period of report
May 1, 2018
Accepted (ET)
May 1, 2018 · 4:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001613859
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 18,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $11.73 | holding | — | — | — | — | Dec 20, 2023 | Common Stock | 20,736 | — | D |
| Stock Option (Right to Buy)F3 | $11.73 | holding | — | — | — | — | Dec 20, 2023 | Common Stock | 12,636 | — | D |
| Stock Option (Right to Buy)F4 | $75.81 | holding | — | — | — | — | Aug 29, 2027 | Common Stock | 20,000 | — | D |
| Stock Option (Right to Buy)F5 | $81.61 | holding | — | — | — | — | Apr 26, 2028 | Common Stock | 80,000 | — | D |
Explanation of responses
- F1Represents shares of restricted stock granted on April 26, 2018 under the issuer's 2014 Omnibus Incentive Plan (the "2014 Plan"), of which two-thirds will vest on the second anniversary of the grant date and the remaining one-third will vest on the third anniversary of the grant date, subject to the holder's continued service through such dates.
- F2The options were granted on December 20, 2013 under the issuer's 2013 Stock Incentive Plan (the "2013 Plan"). 3,681 options vested on September 23, 2016, 8,527 options vested on September 23, 2017, and the remaining 8,528 options will vest on September 23, 2018, subject to the holder's continued service through such date.
- F3The options were granted on December 20, 2013 under the 2013 Plan. The options vested on November 16, 2016, based on the achievement of specified performance targets.
- F4The options were granted on August 29, 2017 under the 2014 Plan and vest as follows: (a) 20% on each of August 29, 2018 and August 29, 2019 and (b) 30% on each of August 29, 2020 and August 29, 2021, subject to the holder's continued service through such dates.
- F5The options were granted on April 26, 2018 under the 2014 Plan and vest 25% each year starting on the first anniversary of the grant date, subject to the holder's continued service through such dates.
Remarks
Exhibit 24.1 - Power of Attorney