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Primerica, Inc. — Director's Dealing 2010
Apr 5, 2010
30674_dirs_2010-04-05_be578195-2fc5-4eab-9425-640a9a960c58.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Primerica, Inc. (PRI)
CIK: 0001475922
Period of Report: 2010-04-01
Reporting Person: Mason Mark (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-01 | Common Stock | A | 74999900 | — | Acquired | 75000000 | Indirect |
| 2010-04-01 | Common Stock | J | 5021412 | — | Disposed | 69978588 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-01 | Warrants | $18.00 | A | 4103100 | Acquired | Common Stock (4103100) | Indirect |
Footnotes
F1: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Reporting Person is the designee of Citigroup Inc. ("Citigroup") to the Issuer's Board of Directors pursuant to the Intercompany Agreement by and between Primerica, Inc. and Citigroup, the form of which was filed by the Issuer as Exhibit 10.1 to its Registration Statement on Form S-1 (No. 333-162918).
F2: This amendment is being filed to modify the transaction codes reported on the original filing.
F3: These securities were acquired by Citigroup Insurance Holding Corporation ("CIHC") pursuant to the Exchange and Transfer Agreement, dated March 31, 2010, between the Issuer and CIHC pursuant to which the Issuer issued to CIHC 74,999,900 shares of common stock, warrants to purchase 4,103,100 shares of common stock, and a $300 million note in exchange for the capital stock of CIHC's subsidiaries holding the businesses that comprise the Issuer's operations.
F4: These securities were contributed to the Issuer by CIHC for no economic consideration pursuant to the Contribution Agreement, dated March 31, 2010, between CIHC and the Issuer.
F5: These warrants expire seven years from the Closing Date, as such term is defined in the Securities Purchase Agreement, dated February 8, 2010, among CIHC, the Issuer, Warburg Pincus Private Equity X, L.P. and Warburg Pincus X Partners, L.P., which was filed by the Issuer as Exhibit 2.1 to its Registration Statement on Form S-1 (No. 333-162918).