Gregory C. Pitts - Mar 1, 2023 Form 4 Insider Report for Primerica, Inc. (PRI)

Role
Executive VP and COO
Signature
/s/ Stacey K. Geer, attorney in fact
Stock symbol
PRI
Transactions as of
Mar 1, 2023
Transactions value $
$865,841
Form type
4
Date filed
3/3/2023, 03:17 PM
Previous filing
Mar 1, 2023
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRI Common Stock Options Exercise $264K +1.37K +13.78% $191.94 11.3K Mar 1, 2023 Direct F1
transaction PRI Common Stock Tax liability -$113K -587 -5.18% $191.94 10.7K Mar 1, 2023 Direct F2
transaction PRI Common Stock Options Exercise $224K +1.17K +10.84% $191.94 11.9K Mar 1, 2023 Direct F1
transaction PRI Common Stock Tax liability -$95.8K -499 -4.19% $191.94 11.4K Mar 1, 2023 Direct F2
transaction PRI Common Stock Options Exercise $294K +1.53K +13.44% $191.94 12.9K Mar 1, 2023 Direct F1
transaction PRI Common Stock Tax liability -$126K -656 -5.07% $191.94 12.3K Mar 1, 2023 Direct F2
transaction PRI Common Stock Award $631K +3.29K +26.76% $191.94 15.6K Mar 1, 2023 Direct F3
transaction PRI Common Stock Disposed to Issuer -$213K -1.11K -7.11% $191.94 14.5K Mar 1, 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 -1.37K -11.89% $0.00 10.2K Mar 1, 2023 Common Stock 1.37K Direct F5, F6
transaction PRI Restricted Stock Unit Options Exercise $0 -1.17K -11.45% $0.00 9.01K Mar 1, 2023 Common Stock 1.17K Direct F5, F6
transaction PRI Restricted Stock Unit Options Exercise $0 -1.53K -17.03% $0.00 7.47K Mar 1, 2023 Common Stock 1.53K 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.