Glenn J. Williams - Feb 16, 2024 Form 4 Insider Report for Primerica, Inc. (PRI)

Signature
/s/ Stacey K. Geer, attorney in fact
Stock symbol
PRI
Transactions as of
Feb 16, 2024
Transactions value $
$113,607
Form type
4
Date filed
2/21/2024, 04:24 PM
Previous filing
Dec 13, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRI Common Stock Sale -$986K -4K -8.59% $246.55 42.6K Feb 16, 2024 Direct F1

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 Award $1.1M +4.49K +27.76% $244.89 20.7K Feb 16, 2024 Common Stock 4.49K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.83 to $247.52.
F2 Each RSU represents a contingent right to receive one share of PRI common stock.
F3 Each RSU is granted under the Issuer's 2020 Omnibus Incentive Plan and represents a contingent right to receive one share of PRI common stock.
F4 The RSUs vest annually in three equal installments beginning on March 1st of the year following the grant.