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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

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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

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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

These shares of Common Stock are held by Citigroup Global Markets Inc. ("CGMI").
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.
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).
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.
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.
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.
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.