Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 98

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 98
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 file. Based solely on a review of such forms and written representations from the directors and officers subject to Section 16(a) of the Exchange Act, the Company believes that the Reporting Persons complied with all Section 16(a) filing requirements since the beginning of fiscal 2024 except that Mr. Nicholas Jendusa, the Company's Chief Accounting Officer, inadvertently reported on a Form 4 the vesting of 415 shares approximately one week late.

| Primerica 2025 Proxy Statement | 97 |

Related Party Tr ansactions Our Board has adopted a written policy with respect to related party transactions. This policy provides procedures for the review, and approval or ratification, of certain transactions involving related parties required to be reported under applicable rules of the SEC. The policy, which is administered by the Audit Committee, applies to any transaction or series of transactions in which we or one of our subsidiaries is a participant, the amount involved exceeds or may be expected to exceed $120,000 in any fiscal year and a related party has a direct or indirect material interest. Under the policy, a related party includes: (i) any person who is or was, since the beginning of the last fiscal year, a director, executive officer or nominee for election as a director; (ii) a greater than 5% beneficial owner of any class of our voting securities; (iii) an immediate family member of either of the foregoing persons; or (iv) any entity in which any of the foregoing persons is employed or is a partner or principal or in a similar position in which such person has a 5% or greater beneficial ownership interest. Related party transactions are referred to the Audit Committee for approval, ratification or other action. Based on its consideration of all of the relevant facts and circumstances, the Audit Committee will approve or ratify a related party transaction only if it determines the transaction is in, or is not inconsistent with, the best interests of the Company and our stockholders. Mr. J. Addison, one of our directors, serves on the board of directors of LegalShield. The Company has a long-standing business relationship with LegalShield pursuant to which Primerica and members of the independent sales force receive a commission for sales of LegalShield’s legal protection plans. The Company does not believe that Mr. Addison has any material interest, whether direct or indirect, in these transactions or our arrangements with LegalShield. In June 2017, the Company signed a consulting agreement with Mr. J. Addison pursuant to which he receives $25,000 per quarter