Kaucic Karen 4
4 · PPD, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 4
PPD, Inc.PPD
Kaucic Karen
See Remarks
Transactions
- Award
Stock Options (Right to Buy)
2021-02-11+14,622→ 27,248 totalExercise: $10.59Exp: 2027-07-24→ Common Stock (14,622 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+7,594→ 37,166 totalExercise: $14.55Exp: 2028-09-27→ Common Stock (7,594 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+26,364→ 26,364 totalExercise: $37.22Exp: 2031-02-11→ Common Stock (26,364 underlying)
Footnotes (4)
- [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 27,248 vested stock options. Does not include an additional 13,289 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 14,153 vested stock options and 23,013 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 13,806 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.
- [F4]These options to purchase common stock vest in four equal annual installments beginning on the first anniversary of the grant date.