Glenn J. Williams - Mar 1, 2023 Form 4 Insider Report for Primerica, Inc. (PRI)

Role
Chief Executive Officer, Director
Signature
/s/ Stacey K. Geer, attorney in fact
Stock symbol
PRI
Transactions as of
Mar 1, 2023
Transactions value $
$2,106,350
Form type
4
Date filed
3/3/2023, 03:24 PM
Previous filing
Mar 1, 2023
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRI Common Stock Options Exercise $725K +3.78K +8.79% $191.94 46.7K Mar 1, 2023 Direct F1
transaction PRI Common Stock Tax liability -$310K -1.61K -3.46% $191.94 45.1K Mar 1, 2023 Direct F2
transaction PRI Common Stock Options Exercise $615K +3.2K +7.11% $191.94 48.3K Mar 1, 2023 Direct F1
transaction PRI Common Stock Tax liability -$263K -1.37K -2.84% $191.94 46.9K Mar 1, 2023 Direct F2
transaction PRI Common Stock Options Exercise $675K +3.52K +7.5% $191.94 50.4K Mar 1, 2023 Direct F1
transaction PRI Common Stock Tax liability -$289K -1.5K -2.98% $191.94 48.9K Mar 1, 2023 Direct F2
transaction PRI Common Stock Award $1.74M +9.05K +18.49% $191.94 58K Mar 1, 2023 Direct F3
transaction PRI Common Stock Disposed to Issuer -$783K -4.08K -7.04% $191.94 53.9K 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 -3.78K -14.15% $0.00 22.9K Mar 1, 2023 Common Stock 3.78K Direct F5, F6
transaction PRI Restricted Stock Unit Options Exercise $0 -3.2K -13.99% $0.00 19.7K Mar 1, 2023 Common Stock 3.2K Direct F5, F6
transaction PRI Restricted Stock Unit Options Exercise $0 -3.52K -17.86% $0.00 16.2K Mar 1, 2023 Common Stock 3.52K 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.