4//SEC Filing
Thakral Anshul 4
Accession 0000899243-21-006678
CIK 0001793294other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 5:14 PM ET
Size
14.2 KB
Accession
0000899243-21-006678
Insider Transaction Report
Form 4
PPD, Inc.PPD
Thakral Anshul
EVP, Chief Commercial Officer
Transactions
- Award
Stock Options (Right to Buy)
2021-02-11+32,894→ 194,212 totalExercise: $10.59Exp: 2027-05-11→ Common Stock (32,894 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+2,699→ 30,849 totalExercise: $14.99Exp: 2028-12-14→ Common Stock (2,699 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+4,609→ 50,691 totalExercise: $21.70Exp: 2029-11-26→ Common Stock (4,609 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+151,747→ 151,747 totalExercise: $37.22Exp: 2031-02-11→ Common Stock (151,747 underlying)
Footnotes (5)
- [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 61,303 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 29,907 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 year 2021.
- [F3]Represents 5,142 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 7,711 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 2021-2023.
- [F4]Represents 27,650 stock options of which 9,217 are vested and 18,433 of which are unvested and will vest in equal annual installments on November 26, 2021, November 26, 2022, November 26, 2023 and November 26, 2024 and 23,041 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 18,432 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 2021-2024.
- [F5]These options to purchase common stock vest with 122,624 vesting on the third anniversary of the grant date and 29,123 vesting in four equal installments beginning on the first anniversary of the grant date.
Documents
Issuer
PPD, Inc.
CIK 0001793294
Entity typeother
Related Parties
1- filerCIK 0001801747
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 5:14 PM ET
- Size
- 14.2 KB