Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 75

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 75
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 |     | $          | 1,061,280 |     |            |         — |     |                  |      — |
|                    |     | D |     | $         | 1,650,000 |     | -7 |     | $         | 1,061,280 |     |              | — |     | $          | 2,711,280 |     | $          | 4,575,056 |     | $                | 35,148 |
|                    |     | E |     |           |         — |     |    |     | $         | 1,061,280 |     |              | — |     | $          | 1,061,280 |     | $          | 4,575,056 |     | $                | 35,148 |

(1) Our named executive officers are entitled to a pro rata share of the current fiscal year incentive awards in the event of termination without cause or after a change of control. Amounts in this table assume a termination date of December 31, 2024 and reflect cash incentive compensation earned for fiscal 2024 performance. (2) No named executive officer is entitled to an excise tax gross-up payment under Section 4999 of the Internal Revenue Code of 1986, as amended. (3) Reflects the aggregate value of outstanding RSUs and PSUs. With respect to RSUs, the value is equal to the closing price per share of our common stock on December 31, 2024, multiplied by the number of outstanding RSUs. With respect to PSUs, the value is equal to the number of PSUs granted, except that PSUs for the 2022-2024 performance period reflect the number of PSUs that vested on March 1, 2025, in each case multiplied by the closing price per share of our common stock on December 31, 2024. On December 31, 2024, the closing price per share of our common stock on the NYSE was $271.42. Upon termination without cause due to death or disability, or upon for good reason, the equity awards automatically vest in accordance with their terms. These values disregard the automatic vesting of awards upon the retirement of an eligible employee. PSUs vest at target in connection with a termination following a change of control or due to death or disability, and they are paid based on the actual earned amount at the end of the performance period in