Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 74

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 74
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----|:-------------------|----------:|
| Glenn J. Williams  |     |                    | 15,476 |     | $                  | 3,795,644 |
| Peter W. Schneider |     |                    |  9,256 |     | $                  | 2,270,127 |
| Tracy X. Tan       |     |                    |    405 |     | $                  |    99,330 |
| Gregory C. Pitts   |     |                    |  6,242 |     | $                  | 1,530,913 |

(1) Represents RSUs and PSUs delivered in 2024, which consists of one-third of the RSU awards granted in each of 2022, 2023 and 2024, and the delivery of the 2021 PSU award at 70.5% of target. Includes shares that were withheld for the payment of taxes due upon the vesting of the awards. (2) Represents the number of shares of our common stock delivered on March 1, 2024 multiplied by the closing price per share of our common stock of $245.26 on the trading day prior to such date. Po tential Payments and Other Benefits Upon Termination or Change of Control As required by the rules of the SEC, this section describes payments that would have been made under employment agreements with our named executive officers as of December 31, 2024. These employment agreements included change-of-control provisions that were designed to provide protection to the executives so they are not distracted by their personal, professional and financial situations at a time when Primerica needs them to remain focused on their responsibilities, which is in Primerica’s best interests and those of all its stockholders. These agreements provided for a “double-trigger” payout only in the event of both: (i) a change of control; and (ii) the named executive officer is either terminated from his or her position other than for cause or terminates his or her employment for good reason within a limited period of time before or after the transaction. Potential payments to our named executive officers in the event of a change of control are reported below. These disclosed amounts are estimates only and do not necessarily reflect the actual amounts that would be paid to our the named executive officers, which would only be known at the time that they become eligible for payment. Further, the table does not reflect amounts that would vest upon the departure of a named executive officer who is retirement eligible at such time. The amounts shown