4//SEC Filing
HARTMAN JUDD 4
Accession 0000899243-21-006708
CIK 0001793294other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 5:45 PM ET
Size
11.0 KB
Accession
0000899243-21-006708
Insider Transaction Report
Form 4
PPD, Inc.PPD
HARTMAN JUDD
See Remarks
Transactions
- Award
Stock Options (Right to Buy)
2021-02-11+36,549→ 267,479 totalExercise: $10.59Exp: 2027-05-11→ Common Stock (36,549 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+28,003→ 28,003 totalExercise: $37.22Exp: 2031-02-11→ Common Stock (28,003 underlying) - Award
Stock Options (Right to Buy)
2021-02-11+1,382→ 8,294 totalExercise: $21.70Exp: 2029-12-30→ Common Stock (1,382 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 68,115 vested stock options and 199,364 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 33,228 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 8,294 stock options of which 2,764 are vested and 5,530 of which are unvested and will vest in equal annual installments on December 30, 2021, December 30, 2022, December 30, 2023 and December 30, 2024. Does not include an additional 5,530 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.
- [F4]These options to purchase common stock vest in four equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
PPD, Inc.
CIK 0001793294
Entity typeother
Related Parties
1- filerCIK 0001181156
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 5:45 PM ET
- Size
- 11.0 KB