Sharbaugh William J 4
4 · PPD, Inc. · Filed Feb 21, 2020
Insider Transaction Report
Form 4
PPD, Inc.PPD
Sharbaugh William J
Chief Operating Officer
Transactions
- Award
Stock Options (Right to Buy)
2020-02-19+88,384→ 354,203 totalExercise: $10.59Exp: 2027-05-11→ Common Stock (88,384 underlying)
Footnotes (2)
- [F1]Represents previously awarded stock options earned upon the achievement of certain EBITDA vesting conditions for fiscal 2019.
- [F2]Represents 88,384 vested stock options and 265,819 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 195,379 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.