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
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
- 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.