Thakral Anshul 4
4 · PPD, Inc. · Filed Feb 21, 2020
Insider Transaction Report
Form 4
PPD, Inc.PPD
Thakral Anshul
EVP, Chief Commercial Officer
Transactions
- Award
Stock Options (Right to Buy)
2020-02-19+28,409→ 161,318 totalExercise: $10.59Exp: 2027-05-11→ Common Stock (28,409 underlying) - Award
Stock Options (Right to Buy)
2020-02-19+2,443→ 28,150 totalExercise: $14.99Exp: 2028-12-14→ Common Stock (2,443 underlying)
Footnotes (3)
- [F1]Represents previously awarded stock options earned upon the achievement of certain EBITDA vesting conditions for fiscal 2019.
- [F2]Represents 28,409 vested stock options and 132,909 unvested stock options which are eligible to vest upon the achievement of certain return on capital or rate of return conditions three years after the initial public offering of the Issuer or earlier, upon certain sales by significant stockholders. Does not include an additional 62,801 stock options with an exercise price of $10.59 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2020-2021.
- [F3]Represents 2,443 vested stock options and 25,707 unvested stock options which are eligible to vest upon the achievement of certain return on capital or rate of return conditions three years after the initial public offering of the Issuer or earlier, upon certain sales by significant stockholders. Does not include an additional 10,410 stock options with an exercise price of $14.99 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2020-2023.