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4//SEC Filing

Fikry Christopher 4

Accession 0000899243-20-004242

CIK 0001793294other

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 4:12 PM ET

Size

11.3 KB

Accession

0000899243-20-004242

Insider Transaction Report

Form 4
Period: 2019-11-26
Transactions
  • Disposition to Issuer

    Non-voting common stock

    2020-02-106,6450 total
  • Award

    Common stock

    2020-02-10+6,6456,645 total
  • Purchase

    Common stock

    2020-02-10$27.00/sh+7,400$199,80014,045 total
  • Award

    Stock Options (Right to Buy)

    2019-11-26+40,09340,093 total
    Exercise: $21.70Exp: 2029-11-26Non-voting common stock (40,093 underlying)
Footnotes (4)
  • [F1]Upon the completion of the initial public offering of PPD, Inc. (the "Issuer"), all shares of the Issuer's non-voting common stock automatically converted into shares of the Issuer's voting common stock on a one-for-one basis.
  • [F2]Shares were acquired in a directed share program in connection with the Issuer's initial public offering.
  • [F3]Represents stock options previously granted to the reporting person on November 26, 2019. These stock options were already reflected on the reporting person's previously filed Form 3.
  • [F4]Represents 29,032 stock options which are unvested and will vest in equal annual installments on November 26, 2020, November 26, 2021, November 26, 2022, November 26, 2023 and November 26, 2024 and 11,061 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 29,032 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 2020-2024.

Issuer

PPD, Inc.

CIK 0001793294

Entity typeother

Related Parties

1
  • filerCIK 0001801814

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:12 PM ET
Size
11.3 KB