Garrow Ronald E 4
4 · PPD, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 4
PPD, Inc.PPD
Garrow Ronald E
See Remarks
Transactions
- Award
Stock Options (Right to Buy)
2021-02-11+24,524→ 24,524 totalExercise: $37.22Exp: 2031-02-11→ Common Stock (24,524 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+17,359→ 22,850 totalExercise: $14.55Exp: 2028-09-27→ Common Stock (17,359 underlying)
Footnotes (3)
- [F1]Represents previously awarded stock options vesting upon the achievement of certain EBITDA vesting conditions for fiscal 2020, which were determined to be earned subject to the receipt by the Issuer of the completed audit of its fiscal 2020 financial statements.
- [F2]Represents 22,850 vested stock options. Does not include an additional 31,560 stock options with an exercise price of $14.55 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2021-2022.
- [F3]These options to purchase common stock vest in four equal annual installments beginning on the first anniversary of the grant date.