Filing Details

Accession Number:
0001628280-21-004076
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-05 17:02:30
Reporting Period:
2021-03-03
Accepted Time:
2021-03-05 17:02:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1793294 Ppd Inc. PPD Services-Commercial Physical & Biological Research (8731) 453806427
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1801744 Glen Donovan C/O Ppd, Inc.
929 North Front Street
Wilmington NC 28401
Chief Accounting Officer No 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
Common Stock Acquisiton 2021-03-03 16,347 $10.59 19,347 No 4 M Direct
Common Stock Disposition 2021-03-03 16,347 $35.62 3,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2021-03-03 16,347 $0.00 16,347 $10.59
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2027-07-24 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.59 to $35.70, inclusive. The reporting person undertakes to provide to PPD, Inc. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The option vested based on the Issuer's satisfaction of certain EBITDA-based vesting conditions. Options listed in the table do not include an additional 7,974 stock options eligible to vest based on the Issuer's satisfaction of certain EBITDA-based vesting conditions for the fiscal year ending December 31, 2021.