X0306 4 2020-02-19 0 0001793294 PPD, Inc. PPD 0001508519 SIMMONS DAVID S C/O PPD, INC. 929 NORTH FRONT STREET WILMINGTON NC 28401 1 1 0 0 Chief Executive Officer Stock Options (Right to Buy) 10.59 2020-02-19 4 A 0 366166 0.00 A 2027-05-11 Common Stock 366166 1362990 D Represents previously awarded stock options earned upon the achievement of certain EBITDA vesting conditions for fiscal 2019. Represents 366,166 vested stock options and 996,824 unvested stock options which are eligible to vest upon the achievement of certain return on capital or rate of return conditions three years after the initial public offering of the Issuer or earlier, upon certain sales by significant stockholders. Does not include an additional 809,423 stock options with an exercise price of $10.59 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2020-2021. /s/ B. Judd Hartman, as Attorney-in-Fact 2020-02-21