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Filing Details

Accession Number:
0000899243-20-004243
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-12 16:13:12
Reporting Period:
2020-01-17
Accepted Time:
2020-02-12 16:13:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1793294 Ppd Inc. PPD () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1508519 S David Simmons C/o Ppd, Inc.
929 North Front Street
Wilmington NC 28401
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Non-Voting Common Stock Acquisiton 2020-01-17 180,000 $15.05 867,759 No 4 X Direct
Non-Voting Common Stock Disposition 2020-02-10 867,759 $0.00 0 No 4 D Direct
Common Stock Acquisiton 2020-02-10 867,759 $0.00 867,759 No 4 A Direct
Non-Voting Common Stock Disposition 2020-02-10 603,000 $0.00 0 No 4 D Indirect By Family Trust
Common Stock Acquisiton 2020-02-10 603,000 $0.00 603,000 No 4 A Indirect By Family Trust
Common Stock Acquisiton 2020-02-10 40,000 $27.00 907,759 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 D Direct
No 4 A Direct
No 4 D Indirect By Family Trust
No 4 A Indirect By Family Trust
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Non-Voting Common Stock Stock Options (Right to Buy) Disposition 2020-01-17 180,000 $0.00 180,000 $15.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,318,799 2027-05-11 No 4 X Direct
Footnotes
  1. Represents an exercise of vested stock options on January 17, 2020. The exercise of these stock options was already reflected on the reporting person's previously filed Form 3.
  2. Includes shares owned by the David S. Simmons Revocable Trust.
  3. 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.
  4. Shares were acquired in a directed share program in connection with the Issuer's initial public offering.
  5. Of these stock options, 1,156,316 stock options are unvested and will vest in equal annual installments on May 11, 2020, May 11, 2021 and May 11, 2022.