Initial Statement of Beneficial Ownership (3)
March 05 2020 - 4:19PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Gaenzle Christopher L |
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/24/2020
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3. Issuer Name and Ticker or Trading Symbol
PRA Health Sciences, Inc. [PRAH]
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(Last)
(First)
(Middle)
C/O PRA HEALTH SCIENCES, INC., 4130 PARKLAKE AVENUE, SUITE 400 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) EVP, Chief Admin Officer & GC / |
(Street)
RALEIGH, NC 27612
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common stock | 39000 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (Right to Buy) | (2) | 8/10/2028 | Common stock | 75000 | $101.42 | D | |
Stock Option (Right to Buy) | (3) | 8/13/2029 | Common stock | 25000 | $95.94 | D | |
Explanation of Responses: |
(1) | Represents (a) 30,000 shares of restricted stock granted on August 10, 2018 under the issuer's 2018 Stock Incentive Plan (the "Plan"), all of which will vest on August 10, 2021, subject to the holder's continued service through such date, and (b) 9,000 shares of restricted stock granted on August 13, 2019 under the Plan, half of which will vest on August 13, 2020 and half of which will vest on August 13, 2021, subject to the holder's continued service through such dates. |
(2) | The options were granted on August 10, 2018 under the Plan. 18,750 options vested on August 10, 2019 and 18,750 options will vest on each of August 10, 2020, August 10, 2021 and August 10, 2022, subject to the holder's continued service through such dates. |
(3) | The options were granted on August 13, 2019 under the Plan and vest one-third per year on each anniversary of the grant date, subject to the holder's continued service through such dates. |
Remarks: Exhibit 24.1 - Power of Attorney |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Gaenzle Christopher L C/O PRA HEALTH SCIENCES, INC. 4130 PARKLAKE AVENUE, SUITE 400 RALEIGH, NC 27612 |
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| EVP, Chief Admin Officer & GC |
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Signatures
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By: /s/ Jessica Nielsen Causey | | 3/2/2020 |
**Signature of Reporting Person | Date |
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