- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2020-02-12 16:13:12
- Reporting Period:
- Accepted Time:
- 2020-02-12 16:13:12
- SEC Url:
- Form 4 Filing
|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|
|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|
|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|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|No||4||D||Indirect||By Family Trust|
|No||4||A||Indirect||By Family Trust|
|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|
- 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.
- Includes shares owned by the David S. Simmons Revocable Trust.
- 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.
- Shares were acquired in a directed share program in connection with the Issuer's initial public offering.
- 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.