Gregory C. Pitts - 01 Mar 2023 Form 4 Insider Report for Primerica, Inc. (PRI)

Role: Executive VP and COO
Signature: /s/ Stacey K. Geer, attorney in fact
Issuer symbol: PRI
Transactions as of: 01 Mar 2023
Net transactions value: +$865,841
Form type: 4
Filing time: 03 Mar 2023, 15:17:22 UTC
Previous filing: 01 Mar 2023
Next filing: 06 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRI	Common Stock	Options Exercise	$263,534	+1,373	+14%	$191.94	11,336	01 Mar 2023	Direct	F1
transaction	PRI	Common Stock	Tax liability	$112,669	-587	-5.2%	$191.94	10,749	01 Mar 2023	Direct	F2
transaction	PRI	Common Stock	Options Exercise	$223,610	+1,165	+11%	$191.94	11,914	01 Mar 2023	Direct	F1
transaction	PRI	Common Stock	Tax liability	$95,778	-499	-4.2%	$191.94	11,415	01 Mar 2023	Direct	F2
transaction	PRI	Common Stock	Options Exercise	$294,436	+1,534	+13%	$191.94	12,949	01 Mar 2023	Direct	F1
transaction	PRI	Common Stock	Tax liability	$125,913	-656	-5.1%	$191.94	12,293	01 Mar 2023	Direct	F2
transaction	PRI	Common Stock	Award	$631,291	+3,289	+27%	$191.94	15,582	01 Mar 2023	Direct	F3
transaction	PRI	Common Stock	Disposed to Issuer	$212,670	-1,108	-7.1%	$191.94	14,474	01 Mar 2023	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PRI	Restricted Stock Unit	Options Exercise	$0	-1,373	-12%	$0.000000	10,173	01 Mar 2023	Common Stock	1,373		Direct	F5, F6
transaction	PRI	Restricted Stock Unit	Options Exercise	$0	-1,165	-11%	$0.000000	9,008	01 Mar 2023	Common Stock	1,165		Direct	F5, F6
transaction	PRI	Restricted Stock Unit	Options Exercise	$0	-1,534	-17%	$0.000000	7,474	01 Mar 2023	Common Stock	1,534		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents RSUs vested on March 1, 2023.
F2	Represents shares withheld to cover taxes due upon the vesting of RSUs.
F3	Represents the payout of shares as a result of the vesting of Performance Stock Units (PSUs). The PSUs had a three year performance period and are settled in shares of PRI common stock.
F4	Represents shares withheld to cover taxes due upon the vesting of PSUs.
F5	Each RSU represents a contingent right to receive one share of PRI common stock.
F6	The RSUs vest annually in three equal installments beginning on March 1st of the year following the grant.