4//SEC Filing
Thakral Anshul 4
Accession 0000899243-20-004250
CIK 0001793294other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:16 PM ET
Size
9.6 KB
Accession
0000899243-20-004250
Insider Transaction Report
Form 4
PPD, Inc.PPD
Thakral Anshul
EVP, Chief Commercial Officer
Transactions
- Disposition to Issuer
Non-voting common stock
2020-02-10−34,226→ 0 total - Award
Common stock
2020-02-10+34,226→ 34,226 total - Award
Stock Options (Right to Buy)
2019-11-26+46,082→ 46,082 totalExercise: $21.70Exp: 2029-11-26→ Non-voting common stock (46,082 underlying)
Footnotes (3)
- [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]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.
- [F3]Represents 23,041 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 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 23,041 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.
Documents
Issuer
PPD, Inc.
CIK 0001793294
Entity typeother
Related Parties
1- filerCIK 0001801747
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 4:16 PM ET
- Size
- 9.6 KB