Filing Details

Accession Number:
0001181431-10-038320
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-22 13:00:00
Reporting Period:
2010-04-23
Filing Date:
2010-07-22
Accepted Time:
2010-07-22 17:35:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1475922 Primerica Inc. PRI Life Insurance (6311) 271204330
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
831001 Citigroup Inc 399 Park Avenue
New York NY 10043
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Acquisiton 2010-04-23 5,000 $24.48 29,007,148 No 4 P Indirect By Subsidiary
Common Stock, Par Value $0.01 Acquisiton 2010-07-08 31 $20.79 29,007,179 No 4 P Indirect By Subsidiary
Common Stock, Par Value $0.01 Acquisiton 2010-07-08 31 $20.84 29,007,210 No 4 P Indirect By Subsidiary
Common Stock, Par Value $0.01 Acquisiton 2010-07-08 100 $20.77 29,007,310 No 4 P Indirect By Subsidiary
Common Stock, Par Value $0.01 Acquisiton 2010-07-08 474 $20.78 29,007,784 No 4 P Indirect By Subsidiary
Common Stock, Par Value $0.01 Acquisiton 2010-07-19 11,060 $21.11 29,018,844 No 4 P Indirect By Subsidiary
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Subsidiary
No 4 P Indirect By Subsidiary
No 4 P Indirect By Subsidiary
No 4 P Indirect By Subsidiary
No 4 P Indirect By Subsidiary
No 4 P Indirect By Subsidiary
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Equity Swap Acquisiton 2010-07-09 1 $0.00 11,850 $0.00
Common Stock, Par Value $0.01 Equity Swap Acquisiton 2010-07-14 1 $0.00 1,580 $0.00
Common Stock, Par Value $0.01 Equity Swap Acquisiton 2010-07-19 1 $0.00 11,850 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1 2010-10-12 2010-10-12 Yes 4 J Indirect
1 2010-10-14 2010-10-14 Yes 4 J Indirect
1 2010-10-19 2010-10-19 Yes 4 J Indirect
Footnotes
  1. These shares of Common Stock are held by Citigroup Global Markets Inc. ("CGMI").
  2. The securities reported herein are directly beneficially owned by Citigroup Insurance Holding Corporation ("CIHC") and CGMI, each of which is an indirect wholly-owned subsidiary of the reporting person. Associated Madison Companies, Inc. ("AMAD") is the sole stockholder of CIHC. Citigroup Financial Products Inc. ("CFP") is the sole stockholder of CGMI. Citigroup Global Markets Holdings Inc. ("CGMH") is the sole stockholder of CFP. Citigroup Inc. ("Citigroup") is the sole stockholder of each of AMAD and CGMH. AMAD, CFP, CGMH and Citigroup are indirect beneficial owners of the securities reported herein.
  3. The reporting person may be deemed a director of the Issuer on the basis of its relationship with one or more of the directors of the Issuer and/or the relationship among the persons described in footnote (2).
  4. On July 9, 2010, Citibank, N.A. ("CNA"), an indirect wholly-owned subsidiary of the reporting person, entered into an equity total return swap agreement with a counterparty at a strike price of $20.95 per share under which CNA will be obligated to pay the counterparty an amount equal to the increase in the market value of the 11,850 shares at expiration or the counterparty will be obligated to pay CNA an amount equal to the decrease in the market value of the 11,850 shares at expiration. During the term of the agreement, the counterparty will pay CNA interest on $248,257.50 at a LIBOR-based rate.
  5. The securities reported herein are directly beneficially owned by CNA, an indirect wholly-owned subsidiary of the reporting person. Citicorp is the sole stockholder of CNA. Citigroup Inc. is the sole stockholder of Citicorp. Citicorp and Citigroup are indirect beneficial owners of the securities reported herein.
  6. On July 14, 2010, CNA entered into an equity total return swap agreement with a counterparty at a strike price of $20.98 per share under which CNA will be obligated to pay the counterparty an amount equal to the increase in the market value of the 1,580 shares at expiration or the counterparty will be obligated to pay CNA an amount equal to the decrease in the market value of the 1,580 shares at expiration. During the term of the agreement, the counterparty will pay CNA interest on $33,148.40 at a LIBOR-based rate.
  7. On July 19, 2010, CNA entered into an equity total return swap agreement with a counterparty at a strike price of $21.11 per share under which CNA will be obligated to pay the counterparty an amount equal to the increase in the market value of the 11,850 shares at expiration or the counterparty will be obligated to pay CNA an amount equal to the decrease in the market value of the 11,850 shares at expiration. During the term of the agreement, the counterparty will pay CNA interest on $250,153.50 at a LIBOR-based rate.