X0306 4 2019-08-23 0 0001793294 PPD, Inc. PPD 0001801744 Donovan Glen C/O PPD, INC. 929 NORTH FRONT STREET WILMINGTON NC 28401 0 1 0 0 Chief Accounting Officer Non-voting common stock 2020-02-10 4 D 0 5333 D 0 D Common stock 2020-02-10 4 A 0 5333 A 5333 D Common stock 2020-02-10 4 P 0 500 27.00 A 5833 D Stock Options (Right to Buy) 19.82 2019-08-23 4 A 0 3785 0.00 A 2029-08-23 Non-voting common stock 3785 3785 D Upon the completion of the initial public offering of PPD, Inc. (the "Issuer"), all shares of the Issuer's non-voting common stock automatically converted into shares of the Issuer's voting common stock on a one-for-one basis. Shares were acquired in a directed share program in connection with the Issuer's initial public offering. Represents stock options previously granted to the reporting person on August 23, 2019. These stock options were already reflected on the reporting person's previously filed Form 3. Represents 3,785 stock options which are unvested and will vest in equal annual installments on August 23, 2020, August 23, 2021, August 23, 2022, August 23, 2023 and August 23, 2024. Does not include an additional 3,785 stock options with an exercise price of $19.24 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal years 2019-2023. /s/ B. Judd Hartman, as Attorney-in-Fact 2020-02-12