Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 67

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 67
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 awards focused primarily on the use of reportable and broad-based financial metrics, with no one factor receiving an excessive weighting; • Capped incentive payouts; • Time-based and, with respect to executive officers, performance-based vesting conditions with respect to equity awards; • Executive stock ownership requirements; • Adoption of an Incentive Compensation Recovery Policy in 2023 in accordance with the requirements of the NYSE and clawback provisions in the 2020 Incentive Plan; and • The long-term ownership interests in the Company held by certain of our key executive officers. The Compensation Committee has determined that the Company’s compensation policies and practices are not reasonably likely to have a material adverse effect on the Company.

| Primerica 2025 Proxy Statement | 69 |

| EXECUTIVE COMPENSATION |

Co mpensation Committee Interlocks and Insider Participation Each of Messrs. Babbit, Crittenden and Dheer and Ms. Yastine has served as a member of the Compensation Committee during all of fiscal 2024. None of these current or former members of the Compensation Committee is a former or current officer or employee of the Company or any of its subsidiaries and none have any interlocks with other companies. Co mpensation Committee Report 2 The Compensation Committee participated in the preparation of the CD&A and reviewed and discussed successive drafts with management. Following completion of this process and based upon such review and discussion, the Compensation Committee recommended to our Board of Directors that the CD&A be included in the 2024 Annual Report and this Proxy Statement. COMPENSATION COMMITTEE: Barbara A. Yastine, Chair Joel M. Babbit Gary L. Crittenden Sanjeev Dheer 2 The material in the Compensation Committee Report shall not be deemed incorporated by reference by any general statement incorporating by reference this Proxy Statement or any portion hereof into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except to the extent that the Company specifically incorporates this information by reference, and shall not otherwise be deemed filed under such acts.

| 70 |

| EXECUTIVE COMPENSATION |

Co mpensation Tables Summary Compensation Table The following table describes total compensation earned during fiscal 2024, fiscal 2023 and fiscal 2022 for our named executive officers.

| Name and Principal      
 Position                
 (A)                     |     | Year 
  (B) |     | Salary 
 ($)    
 (C)    |         |     |    | Bonus