HARTMAN JUDD 4
4 · PPD, Inc. · Filed Feb 12, 2020
Insider Transaction Report
Form 4
PPD, Inc.PPD
HARTMAN JUDD
See Remarks
Transactions
- Disposition to Issuer
Non-voting common stock
2020-02-10−94,166→ 0 total - Award
Stock Options (Right to Buy)
2019-12-30+6,912→ 6,912 totalExercise: $21.70Exp: 2029-12-30→ Non-voting common stock (6,912 underlying) - Award
Common stock
2020-02-10+94,166→ 94,166 total
Footnotes (3)
- [F1]Upon the completion of the initial public offering of PPD, Inc. (the "Issuer"), all shares of the Issuer's non-voting common stock automatically converted into shares of the Issuer's voting common stock on a one-for-one basis.
- [F2]Represents stock options previously granted to the reporting person on December 30, 2019. These stock options were already reflected on the reporting person's previously filed Form 3.
- [F3]Represents 6,912 stock options which are unvested and will vest in equal annual installments on December 30, 2020, December 30, 2021, December 30, 2022, December 30, 2023 and December 30, 2024. Does not include an additional 6,912 stock options with an exercise price of $21.70 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2020-2024.